1011 W Grove Street , Kaufman, TX 75142

Sold: N/A
Sold on: Sep 25th, 2026
Sold: N/A
Sold on: Sep 25th, 2026
MLS#21211063
STATUSClosed PROPERTY TYPECommercial - Business SUBDIVISIONKaufman Medical Plaza Add


Property Description

INVESTMENT OPPORTUNITY: 1031 EXCHANGE ELIGIBLE! Fully Leased Medical Office Building in Kaufman, TX. 8.5% 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 8.5% 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.

Property Features

Cooling: Central Air
Heating: Central
Lot Size: 0.46 Acres
Roof Type: Metal
Stories: 2.0
Year Built: 2004

Feature Descriptions

Accessibility: Accessible Approach with Ramp, Accessible Doors, Accessible Elevator Installed, Accessible Entrance, Meets ADA Requirements
Exclusions: Tenant's items and equipment
Exterior: Rock/Stone, Stucco
Flooring: Carpet, Ceramic Tile
Lot: Few Trees, Landscaped, Level
Parcel#: 71778
Parking: Common, Concrete, Driveway
Parking Notes: Common, Concrete, Driveway
Security: Burglar, Smoke Detector(s)
Topography: flat
Units: 1
Utilities: City Sewer, City Water, Concrete, Curbs, Electricity Connected

Listed By / Sold By

Listed By

Agency Name: RE/MAX Dallas Suburbs PM
Agent Name: Suzanne Athey

Shown By

Agent Name: Leah Cox, Broker/Owner
Agent Phone: (254) 722-6493
Agency Title: Kelly, Realtors

Sold By

Agency Name: NON MLS
Agent Name: Unrepresented Buyer

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