Medical Office Building Under
For Sale
$1,531,200
1801 S Trinity Street, Decatur, TX 76234
CommercialSale, Decatur, TX
Property Size5,500 SF
Lot Size0.16 Acres
Price / SF$278.40
Days on Market100
Property Features for 1801 S Trinity Street
General Information
Property type
Commercial Sale
Property subtype
Office
Property condition
Under Construction
Zoning description
Commercial Office
Parking features
Assigned, Driveway
Accessibility
Accessible Approach with Ramp
Subdivision
South Decatur Bus Park
Directions
Use GPS
Standard status
Active
APN
749604
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
LT: 1R BLK: 1 SOUTH DECATUR BUSINESS PARK 5.8
Tax Annual Amount
24226
Legal Description
LT: 1R BLK: 1 SOUTH DECATUR BUSINESS PARK 5.8
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Building Details
Year built
2026
Floors in Building
1
Number of units
1
Flooring type
Tile
Building materials
Brick, StoneVeneer
Roof type
Fiberglass
Listing Agency:
Fry Realty
Listed By:
Thomas Fry · License #0485498
(214) 679-9006
Added: Jul 10
Changed: Sep 17
Last Checked: Oct 17 at 1:06AM
MLS# 21145832
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Building #3 is a 5,500-square-foot medical office property under construction at 1801 S Trinity Street in Decatur. The shell is planned for tenant finish-out and can accommodate 1–3 occupants. Brick and stone veneer are specified for the exterior, with tile flooring, central electric heating and cooling, fiberglass roofing, public sewer, assigned parking, and a driveway. An accessible approach with ramp is also included.
The 0.16-acre property is positioned near Medical City’s hospital facility, approximately five minutes away. Decatur’s police and fire stations are within one block, providing a nearby civic-services presence. The building is identified as a new medical office asset intended for sale or lease, with the construction scope limited to the shell.
The 0.16-acre property is positioned near Medical City’s hospital facility, approximately five minutes away. Decatur’s police and fire stations are within one block, providing a nearby civic-services presence. The building is identified as a new medical office asset intended for sale or lease, with the construction scope limited to the shell.
Key Highlights
- 5,500‑square‑foot medical office building under construction
- Building #3 only, on a 0.16‑acre site
- Configuration supports 1–3 tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,999
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,839,980
$1.8M
Cap Rate 7%
$1,314,271
$1.3M
Cap Rate 9%
$1,022,211
$1.0M
Market Conditions
NOI Build-Up for 5,500 SF
Gross rent
$169.0K $30.72/SF
− Vacancy
−$46.3K −$8.42/SF
EGI
$122.7K $22.30/SF
− OpEx
−$30.7K −$5.58/SF
NOI
$92.0K $16.73/SF
Area
Wise 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%
$1,839,980
Cap Rate 7%
$1,314,271
Cap Rate 9%
$1,022,211
Alternative Uses
Best Use
Office B
$1.31M
$1.15M – $1.53M
NOI $91,999 @ 7.0% cap · market cap 6.01%
Second Best
Healthcare Medical
$1.24M
$1.08M – $1.45M
NOI $86,772 @ 7.0% cap · market cap 5.67%
Theoretical Best
Hotel Hospitality
$4.14M
$3.62M – $4.83M
NOI $289,988 @ 7.0% cap · market cap 18.94%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
512
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76234, TX
18,755
Population
8,047
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
89%
High-School Grad
314.0 sq mi
ZIP Area
60
Density / Sq Mi
$88,083
Median Household Income
$45,137
Median Earnings
$1,358
Median Rent
$304,300
Median Home Value
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Goerdel Kody DVM — 2101 S College Ave, Decatur, TX 76234
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- Decatur Veterinary Clinic — 2101 S College Ave, Decatur, TX 76234
Frequently Asked Questions
What type of property is this?
Medical Office Space - Shell delivery supports tenant-specific medical office finish-out in a growing Decatur commercial area.
Where is this medical office space located?
The property is located at 1801 S Trinity Street Decatur, TX.
What is the asking price?
The asking price for this property is $1,531,200.
What are key features of this property?
This property features: 5,500‑square‑foot medical office building under construction; Building #3 only, on a 0.16‑acre site; Configuration supports 1–3 tenants
