Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Duncanville Office Investment Opportunity Title is generated by Realmo AI

    529 W Wheatland Road, Duncanville, TX 75116

    View on Map
    Claim this Listing
    For Sale
    $1,200,000

    Office - Duncanville, TX

    Type:Office
    Property size:
    7,245 SF
    Lot size:
    1.29 Acres
    Price / SF:
    $165/SF
    Added:
    Jan 27, 2026
    Days on Market:
    111
    Last Refresh:
    May 18 at 8:06 am

    Property Features for 529 W Wheatland Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Parking features
    Driveway, Off Street, Parking Lot
    Standard status
    Active
    APN
    221506000103A0000
    Size
    7,245 SF
    Lot size
    1.29 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1979
    Flooring type
    Carpet, Laminate, Linoleum, Vinyl
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Jamie Wickliffe

    Listing agent Jamie Wickliffe License #0368339

    Listing office CENTURY 21 Judge Fite Company 121 N. 8th St., Dallas, TX

    Listing date Jan 27, 2026

    MLS# 21015931 Listing URL

    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.

    HighLights

    • High‑visibility location on Wheatland Road with excellent access to Highway 67 and Interstate 20.
    • Substantial 7,245 SF commercial property with five distinct suites.
    • Two suites are currently occupied, generating immediate income.
    • Three vacant suites offer flexibility for new tenants or business expansion.
    • Turnkey‑ready suites featuring professional waiting areas, private offices, exam rooms, break rooms, storage, and restrooms.
    • Ample parking and strong signage opportunities.

    Overview

    This 7,245 SF commercial property in Duncanville, TX, features five suites suitable for a medical office or other professional businesses. Located on Wheatland Road, the property offers access to Highway 67 and Interstate 20. Two suites are currently occupied and generating income, while three vacant suites are available for lease. The property includes professional waiting areas with front desks, private offices, exam rooms, break rooms, storage areas, and restrooms. It is designed for immediate use or customization. The property, situated on a 1.285-acre lot, has ample parking and signage opportunities. With mixed-use zoning, this property is suitable for medical practices, therapy centers, urgent care facilities, or other businesses. It is move-in ready and investment-ready.

    Financial Insights

    Value Estimation Calculated for Healthcare Medical

    Conservative
    $1.14M
    NOI $103,008 @ 9.00% cap · cautious / downside scenario
    Moderate
    $1.47M
    NOI $103,008 @ 7.00% cap · market / base-case scenario
    Aggressive
    $2.06M
    NOI $103,008 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Healthcare Medical

    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 Use Scenarios

    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 Profile Insight Report Location Intelligence

    Current Use by Public Records

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

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Duncanville
    County
    Dallas
    State
    Texas
    Longitude
    -96.918428
    Latitude
    32.647069

    Nearby Similar for Sale

    • $385,000
      8,560 SF

      Duncanville Automotive Property on 1.5+ Acres

      High-traffic location ideal for automotive use or commercial expansion.
      1218 Crestdell Drive, Duncanville, TX 75137
      View Details
    • $969,000

      Spacious Office Building on Large Lot

      Expansive office property with detached building and excellent highway access.
      722 E Wheatland Road, Duncanville, TX 75116
      View Details
    • $553,000

      Duncanville Office Buildings For Sale

      Two income-producing office buildings, plus one vacant lot, for sale.
      114 W Fairmeadows Drive, Duncanville, TX 75116
      View Details
    • $625,000

      Updated Duncanville Quadruplex For Sale

      Spacious, updated quadplex with income potential in a growing market.
      315 N Merrill Avenue, Duncanville, TX 75116
      View Details
    • $1,300,000

      Highway Frontage Commercial Property

      2+ acres with highway frontage, ideal for automotive or redevelopment.
      723 E Highway 67, Duncanville, TX 75137
      View Details
    • $763,000

      Income-Producing Mixed-Use Properties

      Two income-producing mixed-use properties for sale in Duncanville, Texas.
      118 W Fairmeadows Drive, Duncanville, TX 75116
      View Details
    • $825,000

      Duncanville Office Complex For Sale

      Office complex with individual offices or classrooms in Duncanville, TX.
      619 Mercury Avenue, Duncanville, TX 75137
      View Details
    • $1,900,000

      Renovated Church in Duncanville, TX

      Beautifully renovated church with modern upgrades in the heart of Duncanville.
      200 E Carr Lane, Duncanville, TX 75116
      View Details
    • $353,000

      Duncanville Business Opportunity For Sale

      Two commercial properties in Duncanville, Texas, being sold together.
      122 W Fairmeadows Drive, Duncanville, TX 75116
      View Details
    • $233,000
      600 SF

      Duncanville Farmhouse with Guest House

      Charming 1945 farmhouse with guest house, ideal for live/work.
      611 Crestside Dr Drive, Duncanville, TX 75137
      View Details
    • $969,000
      5,970 SF

      Spacious Duncanville Office Property

      Expansive office property with detached building on 3.11 acres.
      722 E Wheatland Road, Duncanville, TX 75116
      View Details
    • $553,000
      4,320 SF

      Commercial Property on Fairmeadows Drive

      Commercial property available for sale on Fairmeadows Drive.
      114 W Fairmeadows Drive, Duncanville, TX 75116
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - 7,245 SF commercial property with five suites, ideal for medical/professional.
    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: High‑visibility location on Wheatland Road with excellent access to Highway 67 and Interstate 20.; Substantial 7,245 SF commercial property with five distinct suites.; Two suites are currently occupied, generating immediate income.
    (817) 960-9611
    We can help!
    Listing Contact
    Jamie Wickliffe
    Real Estate License ID: 0368339
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    529 W Wheatland Road, Duncanville, TX 75116
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!