Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1005 Main St Duncanville, TX 75137-2319
    Back to Search
    Property profile & analytics

    1005 Main St, Duncanville, TX 75137-2319

    View on Map
    • Office buildings
    • 2,502 SF
    • 0.93 lot acres
    Off-Market
    Property ID
    US82-1790031
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Thomas J. Whitaker: Allstate Insurance / Insurance Agency
    • Allstate Personal Financial Representative: Devanand Gaymes / Insurance Agency

    Property Details for 1005 Main St

    Year built
    1998
    Construction
    TILT-UP CONCRETE
    Lot size
    0.93 lot acres
    Zone code
    Z137
    Property type
    Office buildings
    APN
    220998000A0010000
    APU
    220998000A0010000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Duncanville
    County
    Dallas
    State
    Texas
    Longitude
    -96.909
    Latitude
    32.642
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,715
    $123,170
    $304,030
    $427,200
    -
    $123,170
    $304,030
    $427,200

    Comparable in this City

    • Value Estimation by Request
      1,584 SF

      903 Main St

      OFFICE BUILDING
      903 Main St, Duncanville, TX 75137-2347
      View Details
    • Value Estimation by Request
      3,600 SF

      1106 Santa Fe Trl

      OFFICE BUILDING
      1106 Santa Fe Trl, Duncanville, TX 75137-3063
      View Details
    • Value Estimation
      $1,040,000
      12,200 SF

      1600 Main St

      OFFICE BUILDING
      1600 Main St, Duncanville, TX 75137-3287
      View Details
    • Value Estimation by Request
      3,030 SF

      1015 Main St

      OFFICE BUILDING
      1015 Main St, Duncanville, TX 75137-2319
      View Details
    • Value Estimation by Request
      4,020 SF

      619 Mercury Ave

      OFFICE BUILDING
      619 Mercury Ave, Duncanville, TX 75137-2240
      View Details
    • Value Estimation by Request
      7,760 SF

      1427 Oak Rdg Dr

      OFFICE BUILDING
      1427 Oak Rdg Dr, Duncanville, TX 75137-3657
      View Details

    Similar Nearby for Sale

    • $825,000
      0.50 Acres

      Office and Classroom Complex

      Separate offices or classrooms in a compact complex, offering flexible space for professional or educational users.
      619 Mercury Ave, Duncanville, TX 75137
      View Details
    • Contact for pricing
      8,040 SF

      Duncanville Office Complex For Sale

      Office complex with individual offices or classrooms available for purchase.
      619 Mercury Ave, Duncanville, TX 75137
      View Details
    • $1,000,000
      8,040 SF

      Duncanville Office Building - 8040 SF

      Spacious Office Complex, Ideal Location
      619 Mercury Ave, Duncanville, TX 75137
      View Details
    • New
      $220,000
      0.23 Acres

      Live-Work Farmhouse with Guest House

      Versatile main home plus studio guest house on a commercial-zoned lot suitable for live-work or multi-use.
      611 Crestside Dr, Duncanville, TX 75137
      View Details
    • Contact for pricing
      3,434 SF

      Duncanville Warehouse with Oversized Door

      Warehouse with office space and convenient location in Duncanville, TX.
      106 W Vinyard Rd, Duncanville, TX 75137
      View Details
    • Contact for pricing

      Land For Sale on Highway

      3.70 acres with 693 feet of frontage on Highway.
      1505 N J Elmer Weaver Fwy, Cedar Hill, TX 75137
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,013 SF

      Duncanville Office Space Available

      Office space for rent in Duncanville, Texas, 1013 square feet.
      1314 S Main St, Duncanville, TX 75137
      View Details
    • $23 SF/Yr
      1,265 SF

      Highway 67 Medical Office Suite

      1,265 SF Office Space For Lease
      920 Highway 67, Duncanville, TX 75137
      View Details
    • Contact for pricing
      58,982 SF

      Mixed-Use Retail Office Development

      Retail and office suites available in Duncanville shopping center.
      124-270 Highway 67 E, Duncanville, TX 75137
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in Duncanville Center

      Retail space available in a busy, anchored shopping center.
      702-726 W Wheatland Rd, Duncanville, TX 75137
      View Details
    • Contact for pricing
      1,881 SF

      Revitalized Retail Space in Duncanville

      Dynamic retail center undergoing significant redevelopment in Duncanville, Texas.
      502-550 E Wheatland Rd, Duncanville, TX 75137
      View Details
    • Contact for pricing
      275 SF

      Wheatland Plaza Retail Opportunity

      Retail space available in redeveloped Wheatland Plaza, Duncanville, TX.
      402-466 E Wheatland Rd, Duncanville, TX 75137
      View Details
    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.
    1005 Main St
    Duncanville, TX 75137-2319
    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
    1005 Main St, Duncanville, TX, 75137
    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!