Back to Search
Medical Office Building with Five Suites

529 W Wheatland Road Duncanville, TX 75116

529 W Wheatland Road, Duncanville, TX, 75116
$1,200,000
For Sale
Claim this Listing
$1,200,000

SINGLE_FAMILY - Duncanville, TX

Property Size7,245 SF
Lot Size1.29 Acres
Price / SF$165.63
AddedJan 27
Days on Market170
Last RefreshJul 16 at 4:06 am

Property Features for 529 W Wheatland Road

General Information

Property type
Residential
Property subtype
Office
Parking features
Off Street, Parking Lot, Driveway
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
221506000103A0000
Lot size
1.29 Acres

Taxes and HOA fees

Tax Description
WHEATLAND WEST OFFICE PARK REP BLK 1 LOT 3A A
Tax Annual Amount
10524

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1979
Floors in Building
1
Number of units
5
Flooring type
Linoleum, Vinyl, Carpet, Laminate
Building materials
Brick, WoodSiding
Roof type
Composition

Listing agent Jamie Wickliffe License #0368339

Listing office CENTURY 21 Judge Fite Company Dallas, TX

Listing date Jan 27, 2026

MLS# 21015931

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This commercial property offers a total of 7,245 SF configured into five distinct suites, making it well-suited for a single operator or multiple tenants. The layout includes professional waiting areas with front desks, along with private offices, exam rooms, break rooms, storage, and restrooms. Two suites are currently occupied, providing immediate income, while three vacant suites offer flexibility for leasing or business expansion.

Set on W Wheatland Road, the building benefits from strong visibility and convenient access. The property is described as being near Highway 67 and Interstate 20, supporting high-impact presence and straightforward routes for patients, staff, and clients. Ample parking and strong signage opportunities further enhance day-to-day functionality.

With mixed-use zoning as noted in the listing, the building can fit a range of professional and health-related uses, including medical practices, therapy centers, and urgent care facilities, as well as other businesses that need dedicated exam and office space. For investors, the combination of in-place occupancy and additional lease-ready suites creates a practical path to stabilize and grow.

Key Highlights

  • 7,245 SF commercial building with five distinct suites for medical office or professional business use
  • Located on Wheatland Road with access to Highway 67 and Interstate 20
  • Two suites currently occupied, with three additional vacant suites available for lease

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $188.7k $26.04
− Vacancy −$17.0k −$2.34
EGI $171.7k $23.70
− OpEx −$68.7k −$9.48
NOI $103.0k $14.22
7,245 SF · lease $26.04/SF/yr · vacancy 9.00% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$1.47M
$1.29M – $1.72M (±1% cap)
NOI $103,008 @ 7.0% cap · market cap 8.58%
Second Best
Office B
$1.47M
$1.28M – $1.71M (±1% cap)
NOI $102,698 @ 7.0% cap · market cap 8.56%
Theoretical Best
Multifamily LT 5
$86.84M
$75.99M – $101.32M (±1% cap)
NOI $6,079,030 @ 7.0% cap · market cap 506.59%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Brittany Williams Pediatrician North Texas Care ... Medical Clinic Lakeisha Alexander Physician

Suggested Use

Real Estate Agency Restaurant Big Box & Wholesale Store Law Firm Building Supply Auto Parts Store Garden Center Storage Facility Furniture & Home Goods Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Medical Office Space - Five-suite medical office building with waiting areas, private offices, and exam rooms, plus space to expand or lease.
Where is this medical office space located?
The property is located at 529 W Wheatland Road Duncanville, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 7,245 SF commercial building with five distinct suites for medical office or professional business use; Located on Wheatland Road with access to Highway 67 and Interstate 20; Two suites currently occupied, with three additional vacant suites available for lease
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message