Office-Retail Mixed-Use
For Sale
Contact for pricing
525 George Hopper Road #120, Midlothian, TX 76065
The 2020-built suite combines a reception area, private office, work area, storage, and an ADA-compliant restroom.
Property Size3,114 SF
Price / SF$0.75
Days on Market12
Property Features for 525 George Hopper Road #120
General Information
Standard status
Active
Size
3,114 SF
Property subtype
Office
Additional Details
Condition
Move-in Ready
Highway Access
Yes
Office Units
1
Property Use
Office-Retail
Amenities
reception area
private office
workspace-storage area
ADA-compliant restroom
polished concrete floors
large storefront windows
abundant natural light
modern finishes
Building Details
Year Built
2020
Listing Agency:
Magnorum Realty Services, LLC
Listed By:
James McDonald
(817) 487-7728
Source:
Magnorumrealty
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 2:51PM
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 Magnorum Realty Services, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2020, this office-retail suite is arranged with a reception area, private office, combined work and storage space, and an ADA-compliant restroom. Polished concrete flooring, storefront windows, and contemporary finishes complete the interior.
The property is in Midlothian, near downtown, with access to US-287 and FM-663.
The property is in Midlothian, near downtown, with access to US-287 and FM-663.
Key Highlights
- Built in 2020
- Layout includes reception, private office, work and storage areas, and an ADA‑compliant restroom
- Storefront windows and polished concrete flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,733
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,660
$714.7K
Cap Rate 7%
$510,471
$510.5K
Cap Rate 9%
$397,033
$397.0K
Market Conditions
NOI Build-Up for 3,114 SF
Gross rent
$67.3K $21.60/SF
− Vacancy
−$10.1K −$3.24/SF
EGI
$57.2K $18.36/SF
− OpEx
−$21.4K −$6.89/SF
NOI
$35.7K $11.48/SF
Area
Ellis County, TX
Vacancy
15.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,660
Cap Rate 7%
$510,471
Cap Rate 9%
$397,033
Alternative Uses
Best Use
Office B
$744.1K
$651.1K – $868.1K
NOI $52,088 @ 7.0% cap · market cap 2,216.51%
Second Best
Mixed Use
$510.5K
$446.7K – $595.6K
NOI $35,733 @ 7.0% cap · market cap 1,520.55%
Theoretical Best
Multifamily LT 5
$33.98M
$29.73M – $39.64M
NOI $2,378,521 @ 7.0% cap · market cap 101,213.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
809
Businesses Nearby
Explore this area
Business Placement
Demographics for 76065, TX
42,827
Population
15,081
Households
2.8
Avg Household Size
37
Median Age
36%
College-Educated
92%
High-School Grad
100.9 sq mi
ZIP Area
424
Density / Sq Mi
$123,664
Median Household Income
$61,420
Median Earnings
$1,873
Median Rent
$378,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The 2020-built suite combines a reception area, private office, work area, storage, and an ADA-compliant restroom.
Where is this mixed-use property located?
The property is located at 525 George Hopper Road #120 Midlothian, TX.
What are key features of this property?
This property features: Built in 2020; Layout includes reception, private office, work and storage areas, and an ADA‑compliant restroom; Storefront windows and polished concrete flooring
