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$ 1,650,000
Est. payment /mo
Active
5060 Davis Boulevard North Richland Hills, TX 76180
0.49 Acres Lot
UPDATED:
12/12/2024 09:42 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Clear View Add
MLS Listing ID 20794521
Total Fin. Sqft 7700
Year Built 1973
Annual Tax Amount $20,311
Lot Size 0.491 Acres
Acres 0.491
Property Description
This 7,700 sf 100% occupied commercial property at 5040-5064 Davis Blvd presents an exceptional investment opportunity. Featuring two long-term tenants in the medical and retail sectors, the property offers a turnkey income-producing asset. Built in 1973 and renovated in 2015, and in 2022 great visibility on Davis Blvd, a dedicated center turn lane, and prominent exterior signage.
Located in a strategic location with convenient access to Loop 820, Highway 183, and Highway 121, the property provides excellent connectivity for tenants and customers. This property is an outstanding opportunity to own a high-performing asset in a growing submarket of Fort Worth. Opportunity to increase rents to Market Rate.
Located in a strategic location with convenient access to Loop 820, Highway 183, and Highway 121, the property provides excellent connectivity for tenants and customers. This property is an outstanding opportunity to own a high-performing asset in a growing submarket of Fort Worth. Opportunity to increase rents to Market Rate.
Location
State TX
County Tarrant
Zoning Commercial
Direction 5040,5060,5064 Davis Blvd
Interior
Heating Central, Electric
Cooling Central Air
Flooring Tile
Heat Source Central, Electric
Exterior
Utilities Available City Sewer, City Water
Roof Type Other
Garage No
Building
Lot Description Level
Foundation Slab
Structure Type Concrete
Others
Ownership See Agent
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Survey Available
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Listed by Heather Konopka • Heather S Konopka