New Medical Office
For Sale
Contact for pricing
1801 S Trinity Street #3C, Decatur, TX 76234
Under construction for medical occupancy, with shell delivery anticipated in October 2026.
Property Size5,568 SF
Price / SF$1.67
Days on Market56
Property Features for 1801 S Trinity Street #3C
General Information
Standard status
Active
Size
5,568 SF
Property subtype
Office
Building Details
Year Built
2026
Buildings
1
Building Size
5,568 SF
Owner Occupied
No
Abandoned
No
Listing Agency:
Fry Realty
(214) 679-9006
Listed By:
Kim Fry · License #0456433
(214) 679-5326
Source:
Lonestarluxuryrealty
Added: Aug 23
Changed: Oct 5
Last Checked: Oct 16 at 9:15AM
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 Fry Realty
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Investment Insights
Based on property information with market context.
Building 3C is a 5568-square-foot medical office property under construction at 1801 S Trinity Street in Decatur. The planned 2026 completion is anticipated for October, with the building delivered in shell condition for tenant finish-out. The configuration can accommodate 1-3 tenants within the approximately 5,568-square-foot building, and availability is offered for sale or lease.
The property is located near Medical City’s hospital facility, approximately 5 minutes away. Decatur’s new police and fire stations are within 1 block, placing the building near recently developed public-safety facilities. The site is identified as Building 3 only, consistent with the attached site plan.
The property is located near Medical City’s hospital facility, approximately 5 minutes away. Decatur’s new police and fire stations are within 1 block, placing the building near recently developed public-safety facilities. The site is identified as Building 3 only, consistent with the attached site plan.
Key Highlights
- Building 3C contains 5568 square feet and is the only building included
- Shell construction is scheduled for completion in October 2026
- Designed to accommodate 1‑3 tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,844
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,756,880
$1.8M
Cap Rate 7%
$1,254,914
$1.3M
Cap Rate 9%
$976,044
$976.0K
Market Conditions
NOI Build-Up for 5,568 SF
Gross rent
$166.4K $29.88/SF
− Vacancy
−$20.0K −$3.59/SF
EGI
$146.4K $26.29/SF
− OpEx
−$58.6K −$10.52/SF
NOI
$87.8K $15.78/SF
Area
Wise County, TX
Vacancy
12.00%
Lease Rate
$29.88 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,756,880
Cap Rate 7%
$1,254,914
Cap Rate 9%
$976,044
Alternative Uses
Best Use
Office B
$1.33M
$1.16M – $1.55M
NOI $93,136 @ 7.0% cap · market cap 1,003.62%
Second Best
Healthcare Medical
$1.25M
$1.10M – $1.46M
NOI $87,844 @ 7.0% cap · market cap 946.59%
Theoretical Best
Hotel Hospitality
$4.19M
$3.67M – $4.89M
NOI $293,573 @ 7.0% cap · market cap 3,163.50%
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
693
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Under construction for medical occupancy, with shell delivery anticipated in October 2026.
Where is this medical office space located?
The property is located at 1801 S Trinity Street #3C Decatur, TX.
What are key features of this property?
This property features: Building 3C contains 5568 square feet and is the only building included; Shell construction is scheduled for completion in October 2026; Designed to accommodate 1‑3 tenants
