523 W Wheatland Rd, Duncanville, TX
Medical office building featuring multiple exam rooms and office spaces.
- Added:
- May 30, 2025
- Days on Market:
- 376
- Last Refresh:
- May 20 at 8:33 pm
Property Features for 523 W Wheatland Rd
General Information
- Standard status
- Active
- Size
- 3,675 SF
- Lot size
- 0.46 Acres
- Property subtype
- OFFICE
Listing agent Justin Clark (972) 827-8902
Listing office Mote & Associates Commercial Real Estate (972) 827-8902
Listing date May 30, 2025
Source Moodyscre
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HighLights
- Turnkey medical office space with 6 exam rooms, 2 doctor offices, and nurse stations.
- Features two large waiting/reception areas.
- Includes essential amenities: break room, janitorial closet, and storage.
- Two multi‑stall bathrooms.
- Situated on a +/-0.469‑acre lot.
- Existing building constructed in 1979.
Overview
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.7k | $26.04 |
| − Vacancy | −$8.6k | −$2.34 |
| EGI | $87.1k | $23.70 |
| − OpEx | −$34.8k | −$9.48 |
| NOI | $52.3k | $14.22 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Duncanville
- County
- Dallas
- State
- Texas
- Longitude
- -96.9185
- Latitude
- 32.6468