Medical Office Space Under
For Sale
Contact for pricing
1801 S Trinity Street #3B, Decatur, TX 76234
Shell delivery is scheduled for October 2026, allowing future occupants to plan customized interior finish-out.
Property Size5,568 SF
Price / SF$0.60
Days on Market71
Property Features for 1801 S Trinity Street #3B
General Information
Standard status
Active
Size
5,568 SF
Property subtype
Office
Building Details
Year Built
2026
Buildings
1
Building Size
5,568 SF
Listing Agency:
Fry Realty
(214) 679-9006
Listed By:
Kim Fry · License #0456433
(214) 679-5326
Source:
Lonestarluxuryrealty
Added: Aug 23
Changed: Oct 29
Last Checked: Oct 30 at 3:09PM
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 3 at 1801 S Trinity Street is a medical office project under construction, with shell delivery anticipated in October 2026. The property contains 5,568 square feet and is planned to accommodate one to three tenants, providing flexibility for a multi-occupant medical office layout. Interior finish-out will be completed by the future occupant or occupants.
The property is in Decatur, Texas, near HCA’s Medical City hospital facility, which is approximately 5 minutes away. A new city police station and fire station are located within 1 block. The offering is available for sale or lease, with pre-leasing activity able to begin before completion.
The property is in Decatur, Texas, near HCA’s Medical City hospital facility, which is approximately 5 minutes away. A new city police station and fire station are located within 1 block. The offering is available for sale or lease, with pre-leasing activity able to begin before completion.
Key Highlights
- 5,568‑square‑foot medical office building under construction
- Shell completion anticipated in October 2026
- Building 3 only, per attached site plan
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 2,788.50%
Second Best
Healthcare Medical
$1.25M
$1.10M – $1.46M
NOI $87,844 @ 7.0% cap · market cap 2,630.06%
Theoretical Best
Hotel Hospitality
$4.19M
$3.67M – $4.89M
NOI $293,573 @ 7.0% cap · market cap 8,789.61%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
693
Businesses Nearby
Well-served
Demand for This Use
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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
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Shell delivery is scheduled for October 2026, allowing future occupants to plan customized interior finish-out.
Where is this medical office space located?
The property is located at 1801 S Trinity Street #3B Decatur, TX.
What are key features of this property?
This property features: 5,568‑square‑foot medical office building under construction; Shell completion anticipated in October 2026; Building 3 only, per attached site plan
