Spacious Commercial Property on Wheatland
529 W Wheatland Road Duncanville, TX 75116
For Sale
$1,200,000
7,245 SF commercial property with five suites, ideal for businesses.
Property Size7,245 SF
Price / SF$165.63
Days on Market97
Property Features for 529 W Wheatland Road
General Information
- Standard status
- Active
- Size
- 7,245 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1979
Listing Agency:
CENTURY 21 Judge Fite Company
(817) 960-9611
Listed By:
Jamie Wickliffe · License #0368339
(214) 676-2896
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 26 at 5:53PM
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 CENTURY 21 Judge Fite Company
Investment Insights
Based on property information with market context.
This 7,245 SF commercial property features five suites suitable for a medical office or other professional businesses. Located on Wheatland Road, the property provides access to Highway 67 and Interstate 20. Two suites are currently occupied, generating income. Three vacant suites are available for lease. The property includes waiting areas with front desks, private offices, exam rooms, break rooms, storage areas, and restrooms. It is suitable for immediate use or customization. The property has ample parking and signage opportunities. The mixed-use zoning makes this property suitable for medical practices, therapy centers, urgent care facilities, or other businesses.
Key Highlights
- High‑visibility location on Wheatland Road with excellent access to Highway 67 and Interstate 20.
- Spacious 7,245 SF commercial property with five distinct suites.
- Two suites are currently occupied, generating immediate income.
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 | $188.7k | $26.04 |
| − Vacancy | −$17.0k | −$2.34 |
| EGI | $171.7k | $23.70 |
| − OpEx | −$68.7k | −$9.48 |
| NOI | $103.0k | $14.22 |
7,245 SF · lease $26.04/SF/yr · vacancy 9.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.47M
$1.29M – $1.72M
NOI $103,008 @ 7.0% cap · market cap 8.58%
Second Best
Office B
$1.47M
$1.28M – $1.71M
NOI $102,698 @ 7.0% cap · market cap 8.56%
Theoretical Best
Multifamily LT 5
$86.84M
$75.99M – $101.32M
NOI $6,079,030 @ 7.0% cap · market cap 506.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Brittany Williams
Pediatrician
North Texas Care ...
Medical Clinic
Lakeisha Alexander
Physician
FAQs
What type of property is this?
Medical Office Space - 7,245 SF commercial property with five suites, ideal for businesses.
Where is this medical office space located?
The property is located at 529 W Wheatland Road Duncanville, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: High‑visibility location on Wheatland Road with excellent access to Highway 67 and Interstate 20.; Spacious 7,245 SF commercial property with five distinct suites.; Two suites are currently occupied, generating immediate income.
