519 Wheatland RdDuncanville, TX 75116

  • Medical offices
  • 3,516 SF
For Sale
$1,000,000 View listing

Property Details for 519 Wheatland Rd

Year built
1988
Construction
FRAME
Lot size
0.50 AC
Property size (Sq ft)
3,516 SF
Zone code
Z236
Property type
Medical offices
Property subtype
Medical centers
APN
221506000104A0000
APU
221506000104A0000

Description

This 4,000 square foot medical office building, located at 519 W Wheatland Rd in Duncanville, Texas, presents a unique owner/user investment opportunity. Built in 1988, this single-story Class C building sits on a half-acre lot and offers excellent street visibility in a prime Duncanville location. The asking price is $1,000,000, translating to $250 per square foot. The property boasts above-market rental rates and benefits from a strong synergy with neighboring medical offices. A flexible sale-leaseback option is available for longer-term operators, providing a potentially attractive financial arrangement. This ready-to-go space is ideal for medical professionals seeking a well-situated and established practice location in the thriving Dallas County market, zip code 75116. The property's location provides convenient access for patients and offers a strong foundation for a successful medical practice. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $599,666
    6.5%
    $553,538
    7%
    $514,000
  • Comparable approach

    Method
    Valuation
    Relative Method
    $383,651
    Geo Method
    $1,052,655
  • Alternative Use

    Use
    Valuation
    Residential
    $686,387
    Hospitality
    $628,727
    Educational
    $523,094
    Medical
    $541,084
    Retail
    $813,701
519 Wheatland Rd, Duncanville, Texas

Location Insight

City
Duncanville
County
Dallas
State
Texas
Latitude
32.6467
Longitude
-96.918
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
$9,499
$65,730
$351,970
$417,700
-
$65,730
$351,970
$417,700

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