North Richland Hills, TX 76180,5060 Davis BLVD
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$ 1,650,000
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5060 Davis BLVD North Richland Hills, TX 76180

7,700 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 7,700 sqft

Price per Sqft $214

Subdivision Clear View Add

MLS Listing ID 20794521

HOA Y/N No

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

Inclusions Building Only

Fireplace No

Exterior

Parking Features Asphalt

Utilities Available Sewer Available, Water Available

Water Access Desc Public

Roof Type Other

Road Frontage City Street

Building

Lot Description Level

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Others

Tax ID 00548863

Security Features Other

Special Listing Condition Standard

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


agent

Reily Ayres

Agent | License ID: 780232

+1(254) 709-4583

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5060 Davis BLVD