8225 Mid Cities BlvdNorth Richland Hills, TX 76182

Property Details for 8225 Mid Cities Blvd

Year built

2015

Lot size

0.51 AC

Property size (Sq ft)

3,269 SF

Property type

Office buildings

APN

31892D-1-8

APU

31892D18

Description

This exceptional single-story office building, constructed in 2015, offers 3,269 square feet of versatile space ideally suited for traditional office or medical office uses. Located at 8225 Mid Cities Blvd in North Richland Hills, Texas, 76182, this Class B property boasts a convenient location within a thriving community. The building features three suites in total, with 2,656 square feet currently available for lease. One suite offers 1,300 square feet of immediately usable space. The 0.509-acre lot provides ample parking, with a ratio of 5.83 spaces per 1,000 square feet. The property is zoned C1, offering flexibility for a variety of businesses. Its prime location on Mid Cities Blvd ensures high visibility and easy access for clients and employees. This is an excellent opportunity to establish or expand your business in a rapidly growing area of North Richland Hills. The building's modern design and convenient amenities make it an attractive option for businesses seeking a functional and accessible workspace. The available space presents a unique chance to secure a well-located office in a vibrant and expanding community.

• CAP approach

  CAP return

  Valuation

  6%

  $619,408

  6.5%

  $571,761

  7%

  $530,921

• Comparable approach

  Method

  Valuation

  Relative Method

  $377,660

  Geo Method

  $859,458

• Alternative Use

  Use

  Valuation

  Residential

  $708,984

  Hospitality

  $649,426

  Educational

  $540,314

  Medical

  $558,897

  Retail

  $840,489

Location Insight

City

North Richland Hills

County

Tarrant

State

Texas

Latitude

32.8625

Longitude

-97.2066

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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