Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Storefront on N Main St Title is generated by Realmo AI

    1414 N Main St, Duncanville, TX 75116

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Storefront with sign visibility on busy N Main St.

    Type:Office, Industrial, Special Purpose
    Added:
    Feb 25, 2024
    Days on Market:
    828
    Last Refresh:
    May 12 at 9:22 pm

    Property Features for 1414 N Main St

    General Information

    Standard status
    Active
    Property subtype
    Office, Industrial, Special Purpose

    Spaces For Lease

    at 1414 N Main St Contact us

    We can help!

    Listing Contact
    Vipul Raval

    Listing agent Vipul Raval License #TX 589775

    Listing office Maxworth Real Estate Group LLC

    Listing date Feb 25, 2024

    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 Maxworth Real Estate Group LLC

    HighLights

    • Store front and sign visibility on busy N Main St
    • Excellent space suitable for various businesses
    • Opportunity to put your sign on the building
    • Close proximity to Highways
    • Close proximity to Dallas
    • Great for any business or wholesale

    Overview

    This commercial space, suitable for mixed-use, retail, office, or industrial purposes, features a storefront with sign visibility on busy N Main St in Duncanville. Its location offers proximity to highways and Dallas. The property is suitable for any business or wholesale operation, with the opportunity for prominent signage on the building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Maurices Auto Repair Auto Repair Shop Luis Garage Auto Repair Shop Allstate Storefront Systems Construction Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Duncanville
    County
    Dallas
    State
    Texas
    Longitude
    -96.90311
    Latitude
    32.675202

    Nearby Similar for Lease

    • $2,100/Mo
      1,150 SF

      Duncanville Office Space Available

      1,150 sq. ft. office space on high-traffic road.
      606 W Wheatland Road, Duncanville, TX 75116
      View Details
    • $1,995/Mo

      Versatile Commercial Property on Wheatland Road

      1,995 SF commercial property ideal for retail, office, or service-based businesses.
      539 W Wheatland Road, Duncanville, TX 75116
      View Details
    • $869/Mo
      7,245 SF

      Duncanville Office Space For Lease

      Versatile 869 SF commercial property ideal for medical or service businesses.
      529 W Wheatland, Duncanville, TX 75116
      View Details
    • $1,915/Mo
      7,245 SF

      Versatile Commercial Space on Wheatland

      Adaptable commercial property suitable for retail, office, or service businesses.
      527 W Wheatland, Duncanville, TX 75116
      View Details
    • $2,000/Mo

      Renovated Church Sanctuary Space Available

      Updated church sanctuary with flexible lease options in Duncanville.
      200 E Carr Lane, Duncanville, TX 75116
      View Details
    • $450/Mo

      Office Space in Duncanville, TX

      Executive office space available for lease in Duncanville, Texas.
      210 S Cedar Ridge Drive, Duncanville, TX 75116
      View Details
    • $2,120/Mo
      4,000 SF

      Retail Space in Duncanville Center

      Retail space available in a busy, anchored shopping center.
      702-726 W Wheatland Rd, Duncanville, TX
      View Details
    • $8 SF/Yr
      3,578 SF

      Retail Space on Camp Wisdom

      Retail space available in busy Duncanville shopping center.
      306-328 E Camp Wisdom Rd, Duncanville, TX
      View Details
    • Contact for pricing
      58,982 SF

      Mixed-Use Retail Office Development

      Retail and office suites available in Duncanville shopping center.
      124-270 E HIGHWAY 67, Duncanville, TX 75137
      View Details
    • $400/Mo
      198 SF

      Renovated Office Suite For Rent

      Executive suite with shared amenities, convenient highway access.
      515 N Cedar Rdg Dr, Duncanville, TX
      View Details
    • $1,995/Mo
      1,995 SF

      Versatile Commercial Property on Wheatland

      1,995 SF commercial space ideal for retail or office.
      539 W Wheatland Road, Duncanville, TX 75116
      View Details
    • $1,915/Mo
      1,915 SF

      Versatile Commercial Space on Wheatland

      1,915 SF commercial property ideal for retail or office.
      527 W Wheatland, Duncanville, TX 75116
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Storefront with sign visibility on busy N Main St.
    Where is this mixed-use property located?
    The property is located at 1414 N Main St Duncanville, TX.
    What is the lease rate?
    The lease rate is $144 SF/Yr.
    What are key features of this property?
    This property features: Store front and sign visibility on busy N Main St; Excellent space suitable for various businesses; Opportunity to put your sign on the building
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Vipul Raval
    Real Estate License ID: TX 589775
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1414 N Main St, Duncanville, TX 75116
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!