7651 Davis BlvdNorth Richland Hills, TX 76182

Property Details for 7651 Davis Blvd

Year built

1984

Lot size

0.34 AC

Property size (Sq ft)

840 SF

Property type

Office buildings

APN

47440-2-1

APU

4744021

Description

This exceptional commercial property, located at 7651 Davis Blvd in North Richland Hills, Texas, presents a unique investment opportunity. The 0.82-acre lot boasts significant frontage on Davis Blvd, ensuring high visibility and accessibility for any business. The property includes an existing 840 square foot building, constructed in 1984 and renovated in 2020, offering immediate potential for use or redevelopment. The permitted zoning allows for a variety of uses, including retail, medical, and office spaces, providing flexibility for diverse business ventures. Situated in Tarrant County, with a zip code of 76182, this property benefits from a desirable location within North Richland Hills. The single-story building sits on a sizable lot, providing ample space for expansion or additional development. This is an ideal opportunity for entrepreneurs and investors seeking a well-located commercial property with existing infrastructure and versatile zoning options. The property's recent renovation ensures it is ready for immediate occupancy or customization to suit specific business needs. Don't miss this chance to acquire a prime commercial property in a thriving Texas market.

• CAP approach

  CAP return

  Valuation

  6%

  $159,163

  6.5%

  $146,919

  7%

  $136,425

• Comparable approach

  Method

  Valuation

  Relative Method

  $97,043

  Geo Method

  $220,339

• Alternative Use

  Use

  Valuation

  Residential

  $182,180

  Hospitality

  $166,876

  Educational

  $138,839

  Medical

  $143,614

  Retail

  $215,972

Location Insight

City

North Richland Hills

County

Tarrant

State

Texas

Latitude

32.887

Longitude

-97.2038

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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