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Active
1011 W Grove Street Kaufman, TX 75142
0.46 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Subdivision Tx
MLS Listing ID 26004227
Lot Size 0.456 Acres
Acres 0.456
Lot Dimensions 19863
Property Sub-Type Building
Property Description
INVESTMENT OPPORTUNITY: 1031 EXCHANGE ELIGIBLE! Fully Leased Medical Office Building in Kaufman, TX. 7.00% Cap Rate - Occupancy: 100% - Location: DFW Metroplex (East) A rare opportunity to acquire a stabilized, high-yield medical asset located in the second fastest-growing county in the United States. This property features a diversified medical tenant mix with long-term sticky leases, providing immediate cash flow and a hedge against market volatility. As the Dallas-Fort Worth metroplex continues its aggressive eastward expansion, this asset is positioned for significant long-term capital appreciation. Investment Highlights: -Superior Yield: At a 7% Cap Rate, this asset outperforms typical DFW medical office trades, which currently average 5.5%–6.25%. 100% Occupied: Zero near-term vacancy risk with a curated mix of healthcare providers essential to the local community. -Explosive Market Growth: Kaufman County has seen a 36% population increase since 2020. It is currently maintaining a growth rate nearly 10x the national average. -Strategic Location: Path of Progress: Located in the heart of the Kaufman medical corridor, benefiting from massive regional infrastructure improvements, including the $129M US-175 interchange expansion. Kaufman is no longer a rural outpost; it is a primary suburban hub. With the population of Kaufman County projected to surpass 220,000 this year, the demand for outpatient services is outstripping supply. -Recession-Proof Asset Class: Medical tenants have a historical retention rate of over 85% and are largely immune to e-commerce and remote-work trends. -New Infrastructure: Proximity to major logistics and cold-storage developments (like the 121,000 SF project on SH-34) is driving high-income medical professional relocation to the area. -Limited Supply: New medical construction costs in Texas have risen to $350–$800 SF, making existing stabilized assets like this one a high-value basis play for investors.
Location
State TX
County Kaufman
Area Kaufman
Zoning Commercial
Exterior
View Y/N No
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by Suzanne Athey • RE/MAX Dallas Suburbs
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION
Stephanie Carwile Murray
Realtor | License ID: 0751309
+1(318) 773-0133 | scmtexasrealestate@gmail.com