681 George Hopper Rd, Midlothian, TX
8,320 SF office building in Midlothian, Texas.
- Added:
- Mar 14, 2025
- Days on Market:
- 453
- Last Refresh:
- May 19 at 9:34 pm
Property Features for 681 George Hopper Rd
General Information
- Standard status
- Active
- Size
- 8,320 SF
- Lot size
- 1.62 Acres
- Property subtype
- OFFICE
Listing agent William Kane (214) 223-3393
Listing office Partners Real Estate | Dallas (214) 223-3393
Listing date Mar 14, 2025
Source Moodyscre
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 Partners Real Estate | Dallas
HighLights
- 8,320 SF office building
- Located in Midlothian, Texas
Overview
Local Financial Insights For Office B
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 | $255.6k | $30.72 |
| − Vacancy | −$70.0k | −$8.42 |
| EGI | $185.6k | $22.30 |
| − OpEx | −$46.4k | −$5.58 |
| NOI | $139.2k | $16.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Midlothian
- County
- Ellis
- State
- Texas
- Longitude
- -96.985
- Latitude
- 32.4751
