Medical Office Condo
12989 Jupiter Road Unit 202 Dallas, TX 75238
12989 Jupiter Road Unit 202, Dallas, TX, 75238
$185,000
For Sale
$185,000
Second-floor condo suite with private offices, reception and waiting areas, and an in-suite restroom.
Property Size1,215 SF
Price / SF$152.26
Days on Market107
Property Features for 12989 Jupiter Road Unit 202
General Information
- Standard status
- Active
- Size
- 1,215 SF
- Property subtype
- Office
Building Details
- Year Built
- 1982
Listing agency
Kare Investment Sales & Leasing
(469) 471-6413
Listed by
Karan Aulakh , CCIM · License #0731346
Source
Xome
Added: Apr 7 Updated: Jul 21 at 10:59PM Checked: Jul 22 at 3:42AM
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 Kare Investment Sales & Leasing
Investment Insights
Based on property information with market context.
Unit 202 is a functional second-floor office condo featuring private offices, a reception area, and a separate waiting area. The suite also includes a break room with kitchenette, a private in-suite restroom, and two rows of sectioned cubicles. Additional improvements include a 2023-updated electrical panel and a large attic space for extra storage.
The property is located on Jupiter Road in the Lake Highlands area, just off eastbound I-635, with easy access to major roadways. The unit offers prominent marquee signage visible from I-635 and is supported by assigned covered parking plus ample open client parking.
The association provides roof, water, and common area maintenance. This unit is offered for sale as a single condo suite within the building, suitable for a range of professional and service-oriented uses.
The property is located on Jupiter Road in the Lake Highlands area, just off eastbound I-635, with easy access to major roadways. The unit offers prominent marquee signage visible from I-635 and is supported by assigned covered parking plus ample open client parking.
The association provides roof, water, and common area maintenance. This unit is offered for sale as a single condo suite within the building, suitable for a range of professional and service-oriented uses.
Key Highlights
- ±1,215 SF second‑floor commercial condo suite in Dallas, built in 1982
- Unit 202 includes private offices, reception area, waiting area, break room, kitchenette, and an in‑suite restroom
- Two rows of sectioned cubicles, suitable for a variety of professional or service‑oriented uses
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 | $29.2k | $24.00 |
| − Vacancy | −$2.9k | −$2.40 |
| EGI | $26.2k | $21.60 |
| − OpEx | −$10.5k | −$8.64 |
| NOI | $15.7k | $12.96 |
1,215 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Office B
$997.9K
$873.2K – $1.16M
NOI $69,852 @ 7.0% cap · market cap 37.76%
Second Best
Healthcare Medical
$224.9K
$196.8K – $262.4K
NOI $15,746 @ 7.0% cap · market cap 8.51%
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M
NOI $102,053 @ 7.0% cap · market cap 55.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Car Care
Auto Parts Store
Bich-Huong Nguyen Inc
Dental Office
First Canterbury Securities
Financial Advisor
Family & Couples Counselor ...
Marriage Or Relationship Counselor
Nick David Quickbooks
Cafe & Coffee Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Second-floor condo suite with private offices, reception and waiting areas, and an in-suite restroom.
Where is this office units located?
The property is located at 12989 Jupiter Road Unit 202 Dallas, TX.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: ±1,215 SF second‑floor commercial condo suite in Dallas, built in 1982; Unit 202 includes private offices, reception area, waiting area, break room, kitchenette, and an in‑suite restroom; Two rows of sectioned cubicles, suitable for a variety of professional or service‑oriented uses
