Office Unit with Private
New
For Sale
Contact for pricing
130 Chieftain #102, Waxahachie, TX 75165
Reception, conference, and open work areas accompany three enclosed offices and convenient parking.
Property Size1,800 SF
Price / SF$2.22
Days on Market1
Property Features for 130 Chieftain #102
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Office
Building Details
Year Built
2014
Listing Agency:
CENTURY 21 Judge Fite Co.
(972) 938-3636
Listed By:
Suzanne Hutchins · License #0363503
(817) 487-7728
Source:
Momentusrealestategroup
Added: Oct 29
Last Checked: Oct 29 at 11:50AM
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 CENTURY 21 Judge Fite Co.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2014, this 1,800-square-foot office unit features a reception area with a serving bar, a conference room, open work space and three private offices. Front-door access and on-site parking serve the property. Located in Waxahachie, the layout is configured for professional office use.
Key Highlights
- 1,800‑square‑foot office unit built in 2014
- Three private offices alongside open work space
- Reception area includes a serving bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,109
Suggested Prices Based on Cap Rates
Cap Rate 5%
$602,180
$602.2K
Cap Rate 7%
$430,129
$430.1K
Cap Rate 9%
$334,544
$334.5K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$55.3K $30.72/SF
− Vacancy
−$15.2K −$8.42/SF
EGI
$40.1K $22.30/SF
− OpEx
−$10.0K −$5.58/SF
NOI
$30.1K $16.73/SF
Area
Ellis County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$602,180
Cap Rate 7%
$430,129
Cap Rate 9%
$334,544
Alternative Uses
Best Use
Office B
$430.1K
$376.4K – $501.8K
NOI $30,109 @ 7.0% cap · market cap 752.73%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$19.64M
$17.19M – $22.91M
NOI $1,374,868 @ 7.0% cap · market cap 34,371.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
Explore this area
Business Placement
Demographics for 75165, TX
49,805
Population
18,940
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
90%
High-School Grad
118.0 sq mi
ZIP Area
422
Density / Sq Mi
$84,780
Median Household Income
$45,677
Median Earnings
$1,473
Median Rent
$308,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Reception, conference, and open work areas accompany three enclosed offices and convenient parking.
Where is this office unit located?
The property is located at 130 Chieftain #102 Waxahachie, TX.
What are key features of this property?
This property features: 1,800‑square‑foot office unit built in 2014; Three private offices alongside open work space; Reception area includes a serving bar
