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Highway 67 Commercial Redevelopment Opportunity

723 East Highway 67 Duncanville, TX 75137

723 East Highway 67, Duncanville, TX, 75137
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Prime commercial assemblage for redevelopment in Duncanville, Texas.

Property Size33,685 SF
Lot Size4.00 Acres
Price / SF$62.34
AddedMay 13
Days on Market64
Last RefreshJul 13 at 6:56 am

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 office United Real Estate DFW

Listing date May 13, 2026

Source Crexi

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.

Local 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 (±1% cap)
NOI $559,117 @ 7.0% cap · market cap 26.62%
Second Best
Industrial
$2.49M
$2.18M – $2.91M (±1% cap)
NOI $174,617 @ 7.0% cap · market cap 8.32%
Theoretical Best
Multifamily LT 5
$403.77M
$353.30M – $471.07M (±1% cap)
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

Suggested Use

Real Estate Agency Law Firm Restaurant Building Supply Big Box & Wholesale Store Auto Parts Store Garden Center Kitchen & Bath Showroom Electrical Service Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

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.
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