9005 Tarrant PkwyNorth Richland Hills, TX 76182

  • Retail properties
  • 3,652 SF
For Sale
$2,500,000 View listing

Property Details for 9005 Tarrant Pkwy

Year built
2017
Lot size
1.25 AC
Property size (Sq ft)
3,652 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
44954G-1-4
APU
44954G14

Description

This exceptional 3,652 square foot retail or restaurant space is ideally situated at 9005 N Tarrant Pkwy in North Richland Hills, Texas, 76182. Boasting a prominent location at the northeast corner of N. Tarrant Pkwy and Davis Rd, this single-tenant property offers unparalleled visibility and accessibility. Its strategic placement at the entrance to a Walmart Supercenter ensures a substantial regional and national customer draw, benefiting from the high traffic volume and daytime population density of this thriving area. The 1.25-acre lot provides ample space, and the property enjoys a superior position at the center's main entry/exit point along Tarrant Pkwy, further enhanced by a well-lit intersection. The entire 3,652 square feet is currently vacant, presenting a unique opportunity for a business seeking a high-profile location with excellent visibility and convenient access for customers. This property is located in Tarrant County and offers a significant advantage for businesses seeking to establish a strong presence in a busy commercial area. The property's prime location and high traffic count make it an exceptional investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,331,062
    6.5%
    $1,228,672
    7%
    $1,140,910
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,670,609
    Geo Method
    $1,107,310
  • Alternative Use

    Use
    Valuation
    Residential
    $1,036,431
    Hospitality
    $949,365
    Educational
    $789,861
    Medical
    $817,025
    Retail
    $1,228,672
9005 Tarrant Pkwy, North Richland Hills, Texas

Location Insight

City
North Richland Hills
County
Tarrant
State
Texas
Latitude
32.9045
Longitude
-97.1916
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
$37,566
$924,902
$718,498
$1,643,400
-
$924,902
$718,498
$1,643,400

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