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    550 North Main St Duncanville, TX 75116

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    550 North Main St Duncanville, TX 75116

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    • Strip malls
    • 16,000 SF
    • 0.56 lot acres
    For Lease
    $1,100/Mo
    View Listing →
    Downtown Duncanville Office Space Available For Lease
    $1,100/Mo
    450 SF

    Downtown Duncanville Office Space Available

    Full-service gross office suites for lease in historic downtown.

    550 North Main Street, Duncanville, TX
    View Listing
    Property ID
    US82-3931562
    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

    • Professional Massage Therapy / Alternative Medicine Practice / Spa & Massage Center
    • Eunice Braiding / Hair Salon / Nail Salon
    • Jerry Frazier, CPA / Accounting Firm / Tax Preparation
    • Bee’Tique Beauty / Hair Salon / Nail Salon
    • Pretty lashes by princess / Hair Salon

    Property Details for 550 North Main St

    Year built
    1973
    Construction
    TILT-UP CONCRETE
    Lot size
    0.56 lot acres
    Property size
    16,000 SF
    Zone code
    Z27
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    65088406010220000
    APU
    65088406010220000

    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
    -96.9072
    Latitude
    32.6571
    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
    $22,923
    $98,100
    $909,900
    $1,008,000
    -
    $98,100
    $909,900
    $1,008,000

    Comparable in this City

    • Value Estimation
      $1,320,000
      51,928 SF

      215 Cp Wisdom Rd

      SHOPPING CENTER, STRIP CENTER • 51,928 SF
      215 Cp Wisdom Rd, Duncanville, TX 75116-3340
      View Details
    • Value Estimation
      $660,000
      16,678 SF

      700 Clark Rd

      SHOPPING CENTER, STRIP CENTER • 16,678 SF
      700 Clark Rd, Duncanville, TX 75116-2900
      View Details
    • Value Estimation by Request
      5,220 SF

      205 Cp Wisdom Rd

      SHOPPING CENTER, STRIP CENTER • 5,220 SF
      205 Cp Wisdom Rd, Duncanville, TX 75116-2772
      View Details
    • Value Estimation
      $865,000
      31,054 SF

      335 Cedar Rdg Dr

      SHOPPING CENTER, STRIP CENTER • 31,054 SF
      335 Cedar Rdg Dr, Duncanville, TX 75116-4526
      View Details
    • Value Estimation by Request
      3,960 SF

      203 Cp Wisdom Rd

      SHOPPING CENTER, STRIP CENTER • 3,960 SF
      203 Cp Wisdom Rd, Duncanville, TX 75116-2703
      View Details
    • Value Estimation by Request
      8,800 SF

      103 Cp Wisdom Rd

      SHOPPING CENTER, STRIP CENTER • 8,800 SF
      103 Cp Wisdom Rd, Duncanville, TX 75116-3328
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      111,437 SF

      Retail Shopping Center For Sale

      Well-maintained, 90.27% occupied retail shopping center with excellent access.
      210-422 E Camp Wisdom Rd, Duncanville, TX 75116
      View Details
    • Contact for pricing

      Duncanville Retail Development Opportunity

      Prime land for retail development in a thriving Duncanville location.
      630 N Clark Rd, Duncanville, TX 75116
      View Details
    • Contact for pricing
      4,982 SF

      Remodeled Office Building in Duncanville

      4,982 SF remodeled office building in Duncanville's downtown district.
      300 S Santa Fe Trl, Duncanville, TX 75116
      View Details
    • Contact for pricing
      8,316 SF

      NNN Lease Retail Investment

      Retail property with long-term lease and corporate guaranty.
      703 S Cedar Ridge Dr, Duncanville, TX 75116
      View Details
    • Contact for pricing
      4,723 SF

      Established Pet Store and Salon

      Full-line pet store and grooming salon in Duncanville, TX.
      200 N Main St, Duncanville, TX 75116
      View Details
    • Contact for pricing
      4,320 SF

      Commercial Property on Fairmeadows Drive

      Commercial property available for sale on Fairmeadows Drive.
      114 W Fairmeadows Dr, Duncanville, TX 75116
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    Similar Nearby for Lease

    • Contact for pricing
      1,300 SF

      Anchored Shopping Center For Lease

      95,179 SF shopping center anchored by Tom Thumb.
      797 W Wheatland Rd, Duncanville, TX 75116
      View Details
    • $25 SF/Yr
      14,400 SF

      Duncanville Retail Center

      Prime Duncanville location, flexible spaces.
      202 Center St, Duncanville, TX 75116
      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 75116
      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 75116
      View Details
    • Contact for pricing
      1,400 SF

      Retail Center Space Available

      Neighborhood retail center anchored by national tenants.
      235-259 S Cedar Ridge Dr, Duncanville, TX 75116
      View Details
    • Contact for pricing
      1,200 SF

      Duncanville Retail Center Space Available

      Retail space available in neighborhood shopping center.
      207-231 S Cedar Ridge Dr, Duncanville, TX 75116
      View Details
    View Listing
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    550 North Main St
    Duncanville, TX 75116
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    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.

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    550 North Main St, Duncanville, TX, 75116

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