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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Medical Office Space
1014 Wheatland Rd Duncanville, TX 75116-4914
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US83-3524383
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1984
Construction
FRAME
Total area
5,265 SF
Lot
0.51 ac (22,277 SF)
Zoning code
Z31
APN
22100300000020000
UPID
US83-3524383
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Scott D. Greenwood, M.D. Physician
-
Dr. Anshul Agarwal, MD Pediatrician Physician
-
AlphaHealth Primary Care Medical Clinic
-
Dr. Anshul Agarwal Pediatrician Physician
-
Flourish Pilates with Dana Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$812k
Blend (final)
Blend
$770k
Owner & transaction history
Vishambhar Realty LLC · 4 yrs held
Vishambhar Realty LLC
since 2022
5 recorded transactions
Zoning & alternative use
Z31 · Duncanville, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$960,000
+48.6%
Restaurant
$820,000
+27.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Duncanville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Duncanville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$645,000
Current use
COMMERCIAL (GENERAL)
$960,000
Change: +49% · Conversion: Easy
RESTAURANT
$820,000
Change: +27% · Conversion: Difficult
AUTO REPAIR, GARAGE
$620,000
Change: -4% · Conversion: Difficult
RETAIL STORES
$520,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$770k
Range $693k – $847k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$146 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,062
Tax year 2023
Assessed value
$750,260
Assessed 2023
Previous assessed
$750,260
+0.0% YoY
Effective rate
2.27%
On assessed value
Assessed land
$178,220
Assessed improvement
$572,040
Land market value
$178,220
Improvement market value
$572,040
Total market value
$750,260
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1984
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
5,265 SF
Lot
0.51 ac (22,277 SF)
Zoning code
Z31
APN
22100300000020000
UPID
US83-3524383
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z31 · Duncanville, TX
Zoning Z31 · permitted uses
Z31 · Duncanville, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Duncanville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$645,000
COMMERCIAL (GENERAL)
Est. value
$960,000
RESTAURANT
Est. value
$820,000
AUTO REPAIR, GARAGE
Est. value
$620,000
RETAIL STORES
Est. value
$520,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Vishambhar Realty LLC
Entity
Mailing address
255 W LEBANON STE #166, FRISCO, TX 75036-3406
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2022
—
Vishambhar Realty LLC
Rust Ranch Co
Venders Lien
$528,800 · Truist Bank
Aug 16, 2011
—
Rust Ranch Co
Victoria Holding Co LLC
Warranty Deed
related
—
Nov 30, 2007
—
Victoria Holding Co LLC
Shabiasa Holdings LP
Venders Lien
$614,890 · Meridian Bank Texas
May 27, 2005
—
Shabiasa Holdings
Standefer,john A JR & Dana E
Warranty Deed
related
$590,000 · Compass Bank
—
—
John A Standefer
—
Deed Of Trust
related
$375,000 · Bank One Texas NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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