Office Units with Build-Out
For Sale
Contact for pricing
1014 S Main St, Duncanville, TX 75137
Versatile office building with signage and strong pedestrian and vehicle visibility along Main Street.
Property Size2,520 SF
Price / SF$168.65
Days on Market168
Property Features for 1014 S Main St
General Information
Standard status
Active
Size
2,520 SF
Property subtype
OFFICE
Building Details
Buildings
1
Building Size
2,520 SF
Listing Agency:
Options Real Estate
Listed By:
Monte Anderson
(972) 283-1111
Source:
Moodyscre
Added: Apr 2
Changed: Sep 5
Last Checked: Sep 15 at 10:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Options Real Estate
Investment Insights
Based on property information with market context.
This office units property at 1014 S. Main St offers flexible space for a range of professional and service uses, including retail, restaurant, medical, or professional office configurations. The building totals 2,520 SF and provides the ability to build out to fit a user’s needs.
The site is positioned on Main Street in Duncanville and is described as having signage visibility along with strong pedestrian and vehicle visibility. The property also provides easy access to local neighborhoods.
Designed for users who want a prominent address, the space supports branding and on-site operations, with layout flexibility intended to accommodate different build-out requirements.
The site is positioned on Main Street in Duncanville and is described as having signage visibility along with strong pedestrian and vehicle visibility. The property also provides easy access to local neighborhoods.
Designed for users who want a prominent address, the space supports branding and on-site operations, with layout flexibility intended to accommodate different build-out requirements.
Key Highlights
- 2,520 SF office units building with build‑out flexibility
- Supported uses include retail, restaurant, medical, or professional office
- Signage available for branding and visibility
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,721
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$714,420
$714.4K
Cap Rate 7%
$510,300
$510.3K
Cap Rate 9%
$396,900
$396.9K
Market Conditions
NOI Build-Up for 2,520 SF
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.
Gross rent
$63.5K $25.20/SF
− Vacancy
−$15.9K −$6.30/SF
EGI
$47.6K $18.90/SF
− OpEx
−$11.9K −$4.73/SF
NOI
$35.7K $14.17/SF
Area
Dallas County, TX
Vacancy
25.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$714,420
Cap Rate 7%
$510,300
Cap Rate 9%
$396,900
Alternative Uses
Best Use
Office B
$510.3K
$446.5K – $595.4K
NOI $35,721 @ 7.0% cap · market cap 8.40%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$30.21M
$26.43M – $35.24M
NOI $2,114,445 @ 7.0% cap · market cap 497.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
700
Businesses Nearby
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Business Placement
Demographics for 75137, TX
20,023
Population
7,198
Households
2.8
Avg Household Size
39
Median Age
30%
College-Educated
85%
High-School Grad
6.0 sq mi
ZIP Area
3,337
Density / Sq Mi
$85,485
Median Household Income
$40,235
Median Earnings
$1,756
Median Rent
$260,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Versatile office building with signage and strong pedestrian and vehicle visibility along Main Street.
Where is this office units located?
The property is located at 1014 S Main St Duncanville, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2,520 SF office units building with build‑out flexibility; Supported uses include retail, restaurant, medical, or professional office; Signage available for branding and visibility
