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5060 Davis Boulevard

North Richland Hills, TX 76180
  • $1,650,000
  • STATUS: Active
  • ON SITE: 138 Days
  • MLS #: 20794521
UPDATED: 82 min ago
$1,650,000
  • 0
    BEDS
  • 0.49
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1973
County:

School Ratings & Info

Offered by Heather Konopka of Heather S Konopka: 817-715-1932.

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.

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© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Tiffany Montgomery, Real Estate Agent | ReaL. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Tiffany Montgomery, Real Estate Agent | ReaL are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-04-27T23:41:08.107.
www.thetiffanygrouprealestate.com/homes/158665224
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5060 Davis Boulevard North Richland Hills, TX 76180

  • Price: $1,650,000
  • Status: Active
  • On Site: 138 Days
  • Updated: 82 min ago
  • MLS #: 20794521
0
Beds
0
Baths
0
½ Baths
0.49
Acres
1973
Built
Neighborhood:
Clear View Add
County:
Tarrant
Area:
North Richland Hills
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.
Exterior Features

Construction Concrete Construction Materials Walls Cement Block Foundation Slab Freight Doors No Dock Lot Description Level Lot Size Source Public Records Parking Or Garage Asphalt Road Frontage Type City Street Roof Other

Interior Features

Accessibility Features Meets ADA Requirements Ceiling Height 8 to10 Feet Cooling Central Air Flooring Tile Handicap YN Yes Heating CentralElectric Sq Ft Gross 7700

Property Features

Alarm Or Security Type Other Building Area Source Public Records Building Area Total 7700.00 Building Use MedicalOfficeRetail Construction Status Preowned Gross Annual Expenses 34674.00 Gross Annual Income 107802.00 Insurance Expense 14363 Leaseable Spaces 2 Listing Terms 1031 ExchangeCashConventional Multi Zoning No Municipal Utility District No Net Operation Income 71128 Operating Expense Includes InsuranceOther Owner Pays InsuranceTaxes Possession Closing/Funding Property Type Retail Special Notes Survey Available Tenant Pays All Utilities Transaction Includes Building Only Unexempt Taxes 20311 Utilities City SewerCity Water Will Subdivide No Zoning Commercial

North Texas Real Estate Information Systems MLS logo Listing information © 2025 North Texas Real Estate Information System.


© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Tiffany Montgomery, Real Estate Agent | ReaL. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Tiffany Montgomery, Real Estate Agent | ReaL are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-04-27T23:41:08.107.
 
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Tiffany Montgomery, Real Estate Agent | ReaL
15119 Litsey Creek Drive
Roanoke TX, 76262
Offered by Heather Konopka of Heather S Konopka: 817-715-1932.