For Sale
North Richland Hills, TX
Commercial Real Estate Market Trends & Data
$302
Avg asking sale price
$21
Avg asking lease rate
5,608 SF
Avg unit lease size
11,470 SF
Avg building size for sale
6.28%
Average cap rate
North Richland Hills's Demographic Profile
North Richland Hills has 29,337 households and a median income of $81,444, providing context for rent absorption and tenant demand across retail and multifamily assets. A +6% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 74,940 |
| # Households | 29,337 |
| Median age | 40 |
| Median household income | $81,444 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 11,665 |
| 5-year population change | +6% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near North Richland Hills, TX
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| North Richland Hills | $394 | 5,312 SF | 6.70% |
| Hurst | $271 | 4,974 SF | 6.70% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| North Richland Hills | $312 | 9,026 SF |
| Watauga | $339 | 7,533 SF |
| Hurst | $318 | 5,112 SF |
| Richland Hills | $316 | 8,667 SF |
| Haltom City | $541 | 7,684 SF |
Commercial Properties For Sale in North Richland Hills
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether North Richland Hills pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| North Richland Hills | $302 | 11,470 SF |
| Watauga | $330 | 15,236 SF |
| Hurst | $292 | 9,308 SF |
| Richland Hills | $277 | 10,081 SF |
| Haltom City | $390 | 19,444 SF |
Regional Demographic Comparison
This comparison places North Richland Hills alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in North Richland Hills or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| North Richland Hills | 74,940 | 29,337 | 40 | $81,444 | 3 | 11,665 | 6% |
| Watauga | 22,893 | 7,839 | 38 | $78,599 | 3 | 1,896 | 4% |
| Hurst | 39,945 | 15,312 | 39 | $68,144 | 3 | 5,906 | 4% |
| Richland Hills | 8,479 | 3,200 | 40 | $67,252 | 3 | 1,201 | 4% |
| Haltom City | 46,714 | 16,685 | 35 | $55,434 | 3 | 8,078 | 4% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in North Richland Hills, TX and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in North Richland Hills
View All Commercial Real Estate For Sale in North Richland Hills
Is North Richland Hills a good market for a first-time commercial real estate investor?
North Richland Hills offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in North Richland Hills?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in North Richland Hills. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in North Richland Hills?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for North Richland Hills. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does North Richland Hills compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to North Richland Hills. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for North Richland Hills acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in North Richland Hills, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
Nearby Market Trends
- Fort Worth Market Trends
- Irving Market Trends
- Lewisville Market Trends
- Arlington Market Trends
- Grand Prairie Market Trends
- Mansfield Market Trends
- Keller Market Trends
- Carrollton Market Trends
- Euless Market Trends
- Flower Mound Market Trends
- Hurst Market Trends
- Grapevine Market Trends
- Colleyville Market Trends
- Haltom City Market Trends
- Southlake Market Trends
- Farmers Branch Market Trends
- Corinth Market Trends
- Bedford Market Trends
- Northlake Market Trends
- Haslet Market Trends
- Watauga Market Trends
- Coppell Market Trends
- Kennedale Market Trends
- Justin Market Trends
- Saginaw Market Trends
- Crowley Market Trends
- White Settlement Market Trends
- Benbrook Market Trends
- View more
- View less
