Medical Office Building with Five
529 W Wheatland Road Duncanville, TX 75116
529 W Wheatland Road, Duncanville, TX, 75116
$1,200,000
For Sale
$1,200,000
SINGLE_FAMILY - Duncanville, TX
Property Size7,245 SF
Lot Size1.29 Acres
Price / SF$165.63
Days on Market171
Property Features for 529 W Wheatland Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Off Street, Parking Lot, Driveway
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 221506000103A0000
- Lot size
- 1.29 Acres
Taxes and HOA fees
- Tax Description
- WHEATLAND WEST OFFICE PARK REP BLK 1 LOT 3A A
- Tax Annual Amount
- 10524
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1979
- Floors in Building
- 1
- Number of units
- 5
- Flooring type
- Linoleum, Vinyl, Carpet, Laminate
- Building materials
- Brick, WoodSiding
- Roof type
- Composition
Listing Agency
CENTURY 21 Judge Fite Company
(972) 723-8231
Dallas, TX
Listed by
Jamie Wickliffe · License #0368339
(214) 920-9611
Added: Jan 27 Checked: Jul 17 at 11:06 pm
MLS# 21015931
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property offers a total of 7,245 SF configured into five distinct suites, making it well-suited for a single operator or multiple tenants. The layout includes professional waiting areas with front desks, along with private offices, exam rooms, break rooms, storage, and restrooms. Two suites are currently occupied, providing immediate income, while three vacant suites offer flexibility for leasing or business expansion.
Set on W Wheatland Road, the building benefits from strong visibility and convenient access. The property is described as being near Highway 67 and Interstate 20, supporting high-impact presence and straightforward routes for patients, staff, and clients. Ample parking and strong signage opportunities further enhance day-to-day functionality.
With mixed-use zoning as noted in the listing, the building can fit a range of professional and health-related uses, including medical practices, therapy centers, and urgent care facilities, as well as other businesses that need dedicated exam and office space. For investors, the combination of in-place occupancy and additional lease-ready suites creates a practical path to stabilize and grow.
Set on W Wheatland Road, the building benefits from strong visibility and convenient access. The property is described as being near Highway 67 and Interstate 20, supporting high-impact presence and straightforward routes for patients, staff, and clients. Ample parking and strong signage opportunities further enhance day-to-day functionality.
With mixed-use zoning as noted in the listing, the building can fit a range of professional and health-related uses, including medical practices, therapy centers, and urgent care facilities, as well as other businesses that need dedicated exam and office space. For investors, the combination of in-place occupancy and additional lease-ready suites creates a practical path to stabilize and grow.
Key Highlights
- 7,245 SF commercial building with five distinct suites for medical office or professional business use
- Located on Wheatland Road with access to Highway 67 and Interstate 20
- Two suites currently occupied, with three additional vacant suites available for lease
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 | $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
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - Five-suite medical office building with waiting areas, private offices, and exam rooms, plus space to expand or lease.
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: 7,245 SF commercial building with five distinct suites for medical office or professional business use; Located on Wheatland Road with access to Highway 67 and Interstate 20; Two suites currently occupied, with three additional vacant suites available for lease
