6360 Davis BlvdNorth Richland Hills, TX 76182

For Lease
  • Retail space
  • 3,790 SF

Property Details for 6360 Davis Blvd

Year built
1998
Lot size
1.49 AC
Property size (Sq ft)
3,790 SF
Property type
Retail space
APN
10402-1-1A
APU
1040211A

Description

This exceptional 1.537-acre commercial pad site presents a prime development opportunity in the thriving North Richland Hills, Texas market. Located at 6360 Davis Blvd., this property boasts a C-1 Commercial zoning designation, offering considerable flexibility for a wide range of commercial uses. The expansive lot size provides ample space for a variety of development projects, from single-tenant buildings to multi-tenant complexes. With its strategic location in Tarrant County, this site benefits from excellent visibility and accessibility, ensuring high traffic volume and potential for strong returns. The absence of existing buildings allows for complete design control and customization to meet specific business needs. This is a blank canvas for a new commercial venture, ready for immediate development. The property is situated in a dynamic area of North Richland Hills, offering convenient access to major transportation arteries, local amenities, and a robust workforce. This presents a rare opportunity to acquire a substantial commercial land parcel in a highly desirable location. The 76180 zip code offers a strong demographic profile, making this an ideal location for businesses seeking high visibility and a thriving customer base. This is a truly exceptional opportunity for investors and developers seeking a prime location for their next project. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,055,647
    6.5%
    $974,443
    7%
    $904,840
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,103,383
    Geo Method
    $2,510,972
  • Alternative Use

    Use
    Valuation
    Residential
    $821,979
    Hospitality
    $752,928
    Educational
    $626,428
    Medical
    $647,971
    Retail
    $974,443
6360 Davis Blvd, North Richland Hills, Texas

Location Insight

City
North Richland Hills
County
Tarrant
State
Texas
Latitude
32.8628
Longitude
-97.2083
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
$32,175
$878,283
$100
$878,383
-
$878,283
$100
$878,383

FAQs

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