4925 Davis BlvdNorth Richland Hills, TX 76180

  • Office buildings
  • 13,980 SF
For Lease
$17.60/SF/YR View listing

Property Details for 4925 Davis Blvd

Year built
1973
Lot size
0.76 AC
Property size (Sq ft)
13,980 SF
Property type
Office buildings
APN
20660-1-1
APU
2066011

Description

This exceptional two-story, 13,183 square foot office building, situated on 0.76 acres in Tarrant County, offers a variety of flexible spaces perfect for traditional, executive, medical, or creative businesses. Built in 1973 and extensively renovated in 2018, the Class C property boasts a contemporary finish and is conveniently located with easy highway access via Highways 183, 121, and 820. Currently, there are multiple tenancies available, ranging from 100 to 1,707 square feet. The building features a grand foyer with 20-foot glass ceilings and an open lobby, creating a welcoming atmosphere for clients and employees. Additional amenities include a luxurious conference room ideal for collaborative meetings and a state-of-the-art kitchen. Ample parking is provided with 45 spaces. Limited space remains, so act quickly to secure your ideal office space and benefit from this prime location designed to elevate your business. The building's modern design and convenient location make it an excellent choice for businesses seeking a professional and functional workspace in North Texas.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,238,990
    6.5%
    $2,066,760
    7%
    $1,919,135
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,574,888
    Geo Method
    $3,684,258
  • Alternative Use

    Use
    Valuation
    Residential
    $2,562,783
    Hospitality
    $2,347,495
    Educational
    $1,953,088
    Medical
    $2,020,258
    Retail
    $3,038,138
4925 Davis Blvd, North Richland Hills, Texas
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Location Insight

City
North Richland Hills
County
Tarrant
State
Texas
Latitude
32.8371
Longitude
-97.2149
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,079
$297,000
$809,000
$1,106,000
-
$297,000
$809,000
$1,106,000

FAQs

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