Remodeled Office Building in
For Sale
Contact for pricing
Pending
300 S Santa Fe Trail, Duncanville, TX 75116
4,982 SF remodeled office building in Duncanville's downtown district.
Property Size4,982 SF
Days on Market214
Property Features for 300 S Santa Fe Trail
General Information
Standard status
Pending
Size
4,982 SF
Class
B
Property subtype
Office, Retail, Special Purpose
Zoning
DD
Investment Type
Owner/User
Building Details
Year Built
2004
Year Renovated
2025
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
DFW Portfolio Commercial
(817) 845-7367
Listed By:
Barry Nations · License #0772576
Source:
Crexi
Added: Jan 23
Changed: Aug 14
Last Checked: Aug 14 at 6:05AM
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 DFW Portfolio Commercial
Investment Insights
Based on property information with market context.
Located in the heart of Duncanville’s downtown district, this 4,982 SF office building offers modern finishes and strong visibility. Originally constructed in 2004, the property underwent a comprehensive interior remodel in 2025, bringing the building up to current professional and operational standards. The building is currently tenant occupied through the sale but will be delivered vacant at closing, allowing a buyer to immediately occupy the space or reposition it for a new tenant. Originally designed to accommodate two suites, the building offers versatile layout options that support a single user, dual occupancy, or partial lease-out strategies. The property combines a strategic downtown location near Duncanville’s primary thoroughfares with ample on-site parking and flexible Downtown District (DD) zoning that supports a wide range of commercial uses. This is an ideal opportunity for businesses seeking a move-in-ready office or professional facility in a growing Dallas–Fort Worth submarket.
Key Highlights
- Delivered vacant at closing for immediate occupancy or repositioning.
- Fully remodeled in 2025 with modern finishes.**
- Located in the heart of Duncanville's downtown district with strong visibility.**
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$70,620
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,412,400
$1.4M
Cap Rate 7%
$1,008,857
$1.0M
Cap Rate 9%
$784,667
$784.7K
Market Conditions
NOI Build-Up for 4,982 SF
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.
Gross rent
$125.5K $25.20/SF
− Vacancy
−$31.4K −$6.30/SF
EGI
$94.2K $18.90/SF
− OpEx
−$23.5K −$4.73/SF
NOI
$70.6K $14.17/SF
Area
Dallas County, TX
Vacancy
25.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,412,400
Cap Rate 7%
$1,008,857
Cap Rate 9%
$784,667
Alternative Uses
Best Use
Office B
$1.01M
$882.8K – $1.18M
NOI $70,620 @ 7.0% cap · market cap 7.86%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$59.72M
$52.25M – $69.67M
NOI $4,180,224 @ 7.0% cap · market cap 464.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
961
Businesses Nearby
Explore this area
Business Placement
Demographics for 75116, TX
20,656
Population
7,041
Households
2.9
Avg Household Size
35
Median Age
17%
College-Educated
78%
High-School Grad
5.1 sq mi
ZIP Area
4,050
Density / Sq Mi
$60,835
Median Household Income
$40,841
Median Earnings
$1,400
Median Rent
$220,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 4,982 SF remodeled office building in Duncanville's downtown district.
Where is this office building located?
The property is located at 300 S Santa Fe Trail Duncanville, TX.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Delivered vacant at closing for immediate occupancy or repositioning.; Fully remodeled in 2025 with modern finishes.**; Located in the heart of Duncanville's downtown district with strong visibility.**
