Richland Hills, TX
Commercial Real Estate Market Trends & Data

$266 per SF Avg asking sale price
$15 per SF Avg asking lease rate
8,446 SF Avg unit lease size
42,102 SF Avg building size for sale
6.32% Average cap rate

Richland Hills's Demographic Profile

Richland Hills has 3,200 households and a median income of $67,252, providing context for rent absorption and tenant demand across retail and multifamily assets. A +4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 8,479
# Households 3,200
Median age 40
Median household income $67,252
Avg household size 3.0
Renter-occupied housing units 1,201
5-year population change +4%

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Hurst $282 4,842 SF 7.65%
North Richland Hills $293 5,123 SF 6.70%
Nearby Retail Markets Avg Cost/SF Typical Size
Richland Hills $298 36,761 SF
Haltom City $458 9,613 SF
Hurst $334 22,971 SF
North Richland Hills $327 19,801 SF
Watauga $310 7,424 SF

Commercial Properties For Sale in Richland Hills

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

REO Sale | Cash-Flowing Retail Center

Hurst, TX

  • Retail Building
  • Auction Sale
For Sale

7150 Baker Blvd

Fort Worth, TX 76118

  • 4,200 SF Office Building
  • $799,000
For Sale

Retail/Office Site

Richland Hills, TX 76118

  • 1.33 AC Lot
  • 1 Commercial Lot
  • $850,000
For Sale

7341 Baker Blvd

Richland Hills, TX 76118

  • 0.72 AC Lot
  • 1 Commercial Lot
  • $245,000
For Sale

7291 Glenview Dr

North Richland Hills, TX 76180

  • 3,850 SF Office Building
  • $745,000
For Sale

7298 Glenview Dr

North Richland Hills, TX 76180

  • 2,200 SF Retail Building
  • $445,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

Where Multifamily Asking Prices Are Rising and Falling in 2026
Where Multifamily Asking Prices Are Rising and Falling in 2026
LoopNet listing data from November 2025 through March 2026 reveals a supply-driven split in multifamily asking prices across U.S. markets, and what it means for investors deciding where to buy.
Online Auctions vs. Traditional Sales
Online Auctions vs. Traditional Sales
Learn how you can strategically use the two transaction methods to achieve stronger outcomes, whether that's a faster deal, maximized sales price, or a low risk of fallouts.
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What Are Leasehold Improvements?
A complete guide to leasehold improvements, including what qualifies, who owns them, how they affect taxes, and how to maximize their value.
Straight-Line Depreciation in Commercial Real Estate
Straight-Line Depreciation in Commercial Real Estate
Understand how straight-line depreciation works, when to use it, and how it affects your after-tax returns across every stage of ownership.
Small vs. Large Multifamily Real Estate Investing
Small vs. Large Multifamily Real Estate Investing
Compare financing, cash flow, risk, and exit options so you can choose the right property size for your goals.
Spec Suites: A Powerful Tool in the Battle To Fill Office Space
Spec Suites: A Powerful Tool in the Battle To Fill Office Space
New Space, Quick Occupancy, No Construction
Force Majeure Clause
Force Majeure Clause
Understand how force majeure clauses work in commercial real estate leases, including what they cover, when they apply, and how to draft them to manage risk.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Richland Hills pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Richland Hills $266 42,102 SF
Haltom City $383 18,254 SF
Hurst $297 19,957 SF
North Richland Hills $325 18,148 SF
Watauga $324 12,895 SF

Regional Demographic Comparison

This comparison places 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 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 %
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%
Hurst 39,945 15,312 39 $68,144 3 5,906 4%
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%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in 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 Richland Hills

View All Commercial Real Estate For Sale in Richland Hills
Is Richland Hills a good market for a first-time commercial real estate investor?

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 Richland Hills?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in 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 Richland Hills?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Richland Hills. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Richland Hills compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to 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 Richland Hills acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in 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