North Richland Hills, TX 76180 5060 Davis Boulevard
$1,650,000
Presented By: Heather Konopka with Heather S Konopka; 817-715-1932
SQFT • 7,700
Home Details
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.
Presented By: Heather Konopka with Heather S Konopka; 817-715-1932
Interior Features for 5060 Davis Boulevard
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile
Heating Y/NYes
Total Stories1
General for 5060 Davis Boulevard
Additional Parcels Y/NNo
Attached Garage No
AttributionContact817-715-1932
Business TypeCommercial, Medical, ProfessionalService, Retail
Carport Y/NNo
CityNorth Richland Hills
Construction MaterialsConcrete
CoolingCentralAir
CountyTarrant
Directions5040, 5060, 5064 Davis Blvd
Electric On Property Y/NNo
Garage Y/NNo
Gross Income107802.0
HOANo
HeatingCentral, Electric
Home Warranty Y/NNo
Insurance Expense14363.0
Land Lease Y/NNo
Leasable Area7700.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionCLEAR VIEW ADDITION BLOCK 20
Lot Size Square Feet21387.96
Lot Size UnitsAcres
MobileHomeRemainsYNNo
ModificationTimestamp2024-12-12T21:42:41.437-00:00
Net Operating Income71128.0
New ConstructionNo
Number Of Units Total2
Occupancy TypeTenant
OwnerPaysInsurance, Taxes
PossessionCloseOfEscrow
Possible UseMedicalDental, Office, Retail
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubtypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
RoofOther
Security FeaturesOther
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Subdivision NameClear View Add
Tax Annual Amount20311.0
Tax Lot20
Tenant PaysAllUtilities
UtilitiesSewerAvailable, WaterAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1973
Year Built DetailsPreowned
Zoning DescriptionCommercial
Exterior for 5060 Davis Boulevard
Building Area Total7700.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
InclusionsBuilding Only
Irrigation Water Rights Y/NNo
Lot FeaturesLevel
Lot Size Acres0.491
Lot Size Area0.491
Lot Size SourcePublicRecords
Open Parking Y/NNo
Parking FeaturesAsphalt
Road Frontage TypeCityStreet
SpaNo
Water SourcePublic
Additional Details
Price History
Mec Cheney
Realtor