Move-In-Ready Medical Office
12989 Jupiter Road Unit no 105 Dallas, TX 75238
For Sale
$199,000
Office suite includes reception, private offices, kitchenette, and private restroom within a professional condominium building.
Property Size1,119 SF
Price / SF$177.84
Days on Market189
Property Features for 12989 Jupiter Road Unit no 105
General Information
- Standard status
- Active
- Size
- 1,119 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: Jan 15
Changed: Jul 23
Last Checked: Jul 23 at 3:55AM
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 105 at the Greengate Professional Building Condominiums is a recently painted, move-in-ready office suite with a functional, efficient layout. The unit includes a reception area, multiple private offices, a kitchenette, and a private restroom, creating a practical setup for professional and administrative operations. The floor plan is flexible and can support both owner-user occupancy and investment use.
The property is positioned along Jupiter Road and provides convenient access to I-635 and Northwest Highway. It benefits from strong visibility and accessibility within the Lake Highlands submarket.
This offering is for sale as an individual condominium unit and is available as an equipped office space ready for immediate occupancy.
The property is positioned along Jupiter Road and provides convenient access to I-635 and Northwest Highway. It benefits from strong visibility and accessibility within the Lake Highlands submarket.
This offering is for sale as an individual condominium unit and is available as an equipped office space ready for immediate occupancy.
Key Highlights
- Office suite in Greengate Professional Building Condominiums at 12989 Jupiter Road, Dallas
- Approximately 1,119 SF with reception area, multiple private offices, kitchenette, and private restroom
- Recently painted, move‑in‑ready office suite with central air conditioning (central air, A/C - other)
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 | $26.9k | $24.00 |
| − Vacancy | −$2.7k | −$2.40 |
| EGI | $24.2k | $21.60 |
| − OpEx | −$9.7k | −$8.64 |
| NOI | $14.5k | $12.96 |
1,119 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Office B
$919.0K
$804.2K – $1.07M
NOI $64,333 @ 7.0% cap · market cap 32.33%
Second Best
Healthcare Medical
$207.2K
$181.3K – $241.7K
NOI $14,502 @ 7.0% cap · market cap 7.29%
Theoretical Best
Office A
$1.34M
$1.17M – $1.57M
NOI $93,990 @ 7.0% cap · market cap 47.23%
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 ...
Psychotherapist
Nick David Quickbooks
Cafe & Coffee Shop
FAQs
What type of property is this?
Office units - Office suite includes reception, private offices, kitchenette, and private restroom within a professional condominium building.
Where is this office units located?
The property is located at 12989 Jupiter Road Unit no 105 Dallas, TX.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Office suite in Greengate Professional Building Condominiums at 12989 Jupiter Road, Dallas; Approximately 1,119 SF with reception area, multiple private offices, kitchenette, and private restroom; Recently painted, move‑in‑ready office suite with central air conditioning (central air, A/C - other)
