Highway 67 Commercial Redevelopment
723 East Highway 67 Duncanville, TX 75137
For Sale
Contact for pricing
Prime commercial assemblage for redevelopment in Duncanville, Texas.
Property Size33,685 SF
Lot Size4.00 Acres
Price / SF$62.34
Days on Market74
Property Features for 723 East Highway 67
General Information
- Standard status
- Active
- Size
- 33,685 SF
- Lot size
- 4.00 Acres
- Property subtype
- Retail, Industrial
Building Details
- Year Built
- 1965
Listing Agency:
United Real Estate DFW
Listed By:
Christie Christian · License #TX 0627699
Source:
Crexi
Added: May 13
Changed: Jul 10
Last Checked: Jul 25 at 8:42AM
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 United Real Estate DFW
Investment Insights
Based on property information with market context.
This commercial assemblage presents a redevelopment opportunity in Duncanville, Texas. The property is situated on approximately 4.0 acres and includes approximately 33,685 square feet across multiple buildings. It features frontage, visibility, and access along a heavily traveled corridor with a traffic count of approximately 103,621 vehicles per day. The site consists of automotive and service-oriented structures, warehouse and shop buildings, yard areas, and one additional parcel. Existing improvements may provide interim utility. The property is being marketed primarily as a redevelopment opportunity due to municipal restrictions on introducing a new operating user under the current configuration. It is strategically located with access to I-20, I-35E, Loop 12, and the Dallas/Fort Worth metroplex. The sale includes the real estate, improvements, and select equipment.
Key Highlights
- Prime ±4.0 acre commercial assemblage on Highway 67, a rare redevelopment opportunity.
- Exceptional frontage and visibility with high traffic count (approximately 103,621 vehicles per day).
- Significant ±33,685 SF across multiple buildings.
Financial Insights For Industrial
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 | $273.5k | $8.12 |
| − Vacancy | −$24.1k | −$0.71 |
| EGI | $249.5k | $7.41 |
| − OpEx | −$74.8k | −$2.22 |
| NOI | $174.6k | $5.18 |
33,685 SF · lease $8.12/SF/yr · vacancy 8.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$7.99M
$6.99M – $9.32M
NOI $559,117 @ 7.0% cap · market cap 26.62%
Second Best
Industrial
$2.49M
$2.18M – $2.91M
NOI $174,617 @ 7.0% cap · market cap 8.32%
Theoretical Best
Multifamily LT 5
$403.77M
$353.30M – $471.07M
NOI $28,263,921 @ 7.0% cap · market cap 1,345.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cookson's Transmission City
Auto Repair Shop
FAQs
What type of property is this?
Commercial land - Prime commercial assemblage for redevelopment in Duncanville, Texas.
Where is this commercial land located?
The property is located at 723 East Highway 67 Duncanville, TX.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Prime ±4.0 acre commercial assemblage on Highway 67, a rare redevelopment opportunity.; Exceptional frontage and visibility with high traffic count (approximately 103,621 vehicles per day).; Significant ±33,685 SF across multiple buildings.
