Properties

Kaufman, TX 75142 1011 W Grove Street

1011 W Grove Street Kaufman, TX - Image 11011 W Grove Street Kaufman, TX - Image 21011 W Grove Street Kaufman, TX - Image 3
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Presented By: RE/MAX Dallas Suburbs PM
  • MLS# 21211063
  • 03/25/2026
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Home Details

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%โ€“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 $350โ€“$800 SF, making existing stabilized assets like this one a high-value basis play for investors.
Presented By: RE/MAX Dallas Suburbs PM

Interior Features for 1011 W Grove Street

Other Interior Features

SQFT Gross6578
Lock Box TypeCall Listing Office
FlooringCarpet, Ceramic Tile
Occupancy Rate100
Total Stories2
Total Units1

General for 1011 W Grove Street

Accessibility FeaturesAccessible Approach with Ramp, Accessible Doors, Accessible Elevator Installed, Accessible Entrance, Meets ADA Requirements
Average Monthly Lease11000
Building UseMedical, Office
Business TypeAdministrative and Support, Health Services
Ceiling Height11 to 14 Feet
CityKaufman
Construction MaterialsRock/Stone, Stucco
CoolingCentral Air
CountyKaufman
DirectionsEast on 175, to 243 Ed Hall Drive right on West Grove Street, left on West Grove Street
ExclusionsTenant's items and equipment
Gross Annual Expenses34312.00
HeatingCentral
Listing Terms1031 Exchange, Cash, Conventional
Number Of Leaseable Spaces1
Number Of Spaces Leased1
Occupant NameHelping Hands
Occupant TypeTenant
Operating Expense IncludesInsurance
PossessionClosing/Funding
Property SubtypeOffice
Property TypeCommercial Sale
RoofMetal
Security FeaturesBurglar, Smoke Detector(s)
Special NotesAerial Photo
Standard StatusActive
StatusActive
Subdivision NameKaufman Medical Plaza Add
Tenant PaysAll Utilities, Common Area Maintenance, Electricity, Exterior Maintenance, Grounds Care, Insurance, Janitorial Service, Pest Control, Security, Trash Collection, Water
Topographyflat
Unexempt Taxes27312
UtilitiesCity Sewer, City Water, Concrete, Curbs, Electricity Connected
Virtual Tour URL BrandedClick here
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2004
Year Built DetailsPreowned
Zoning DescriptionCommercial

Exterior for 1011 W Grove Street

Building Area Total6786.00
Construction Materials WallsPlaster, Texture
Foundation Slab
Freight DoorsNo Dock
Lot FeaturesFew Trees, Landscaped, Level
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.4560
Lot Size Area0.4560
Lot Size SourceAssessor
Lot Size Square Feet19863.3600
Lot Size UnitsAcres
Parking FeaturesCommon, Concrete, Driveway
Road Frontage TypeCity Street
WaterfrontNo

Additional Details

Price History

Connect Realty

Price $1,350,000
MLS#21211063
List Date 03/25/2026
Property Type Commercial
Phone 888.795.6274
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