7510 Davis BlvdNorth Richland Hills, TX 76182

Property Details for 7510 Davis Blvd

Year built

1984

Lot size

0.53 AC

Property size (Sq ft)

5,650 SF

Property type

Office buildings

APN

25650-13-2R1

APU

25650132R1

Description

This exceptional 24,600 square foot mixed-use building, constructed in 2023, presents a unique investment opportunity in Summit County. The property boasts a prime location at 1070 Ghent Road, situated on a 0.822-acre lot and zoned B-1. The building features three floors, each designed to accommodate a variety of uses. The ground floor and lower level are ideal for retail spaces, while the second floor offers ample space for retail or restaurant establishments. The third floor provides modern office space. The building's construction incorporates ICF/Structural Steel/Speed Floor architecture, ensuring durability and efficiency. Ceiling heights vary, with 9-foot ceilings on the first and third floors, and an open area on the second. The building offers a total of 95 parking spaces, providing convenient access for tenants and customers. With its versatile layout, ample parking, and strategic location, this property is perfectly positioned to attract a diverse range of businesses. The total building square footage is 3,500 square feet, with one space currently available. This is a rare opportunity to acquire a brand-new, multi-use property in a thriving market. The APN is 0401022.

• CAP approach

  CAP return

  Valuation

  6%

  $1,070,559

  6.5%

  $988,208

  7%

  $917,622

• Comparable approach

  Method

  Valuation

  Relative Method

  $652,732

  Geo Method

  $1,482,355

• Alternative Use

  Use

  Valuation

  Residential

  $1,225,378

  Hospitality

  $1,122,440

  Educational

  $933,856

  Medical

  $965,973

  Retail

  $1,452,666

Location Insight

City

North Richland Hills

County

Tarrant

State

Texas

Latitude

32.8847

Longitude

-97.203

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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