See all 4 photos

$1,595,000

Est. payment - /mo

0.49 Acres Lot

Active

5060 Davis Boulevard North Richland Hills, TX 76180

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James Biedenharn

james@getsoldtexas.com +1(817) 870-8860

UPDATED:

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 Sub-Type Retail

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.

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

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20794521

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Heather Konopka • Heather S Konopka