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    400 E Centre Park Blvd Desoto, TX 75115

    For Sale
    $4,350,000

    Industrial - DeSoto, TX

    Type:Industrial
    Lot size:
    1.53 Acres
    Days on Market:
    312
    Last Refresh:
    Dec 14 at 1:06 am

    Property Features for 400 E Centre Park Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Standard status
    Active
    APN
    20031480010050100
    Parking features
    Garage, Parking Lot
    Lot size
    1.53 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1985
    Flooring type
    Carpet, Concrete, Vinyl
    Building materials
    Brick, Concrete
    Roof type
    Flat
    Architectural style
    Other

    Tero Partners (972) 777-4141

    Listing agent Dustin Jordan (972) 777-4141 License #0661824

    Listing date Feb 6, 2025

    MLS# 20838053 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    DeSoto Flex Space Investment

    This flex space property, located in DeSoto, Texas, is currently 100% occupied. The existing tenant is open to vacating or subleasing, presenting an opportunity for either an investor or an owner-occupant. The property's layout is suitable for an investor or an owner-occupant requiring both warehouse and office space. NNN leases are in place, and rent rolls and pro forma information are available upon request. The property is located within minutes of Interstate 35, providing convenient access for trucks and equipment. Its central location offers proximity to multiple distribution centers for national retailers. The property also features easy access to State Highway 67 and Interstate 20. The current loan may be assumable for a qualified buyer. The lot size is 1.525 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mac Donald Realty ... Real Estate Agency FHC Contracting, Inc. General Contractor Enterprise Centre Office Space Rental Agency Terian Restoration Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Desoto
    County
    Dallas
    State
    Texas
    Longitude
    -96.84911746
    Latitude
    32.62367523

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    FAQs

    What type of property is this?
    Flex space - 100% occupied flex space near I-35, ideal NNN investment.
    Where is this flex space located?
    The property is located at 400 E Centre Park Blvd Desoto, TX.
    What is the asking price?
    The asking price for this property is $4,350,000.
    What are key features of this property?
    This property features: - 100% occupied building with NNN leases in place, providing immediate income.; - Tenant willing to vacate or sublease, ideal for owner-occupant.; - Easy access to Interstate 35, State Highway 67, and Interstate 20, facilitating transportation.
    (972) 777-4141
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    400 E Centre Park Blvd Desoto, TX 75115
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    Desoto, TX 75115
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    Realmo Value Estimation

    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.

    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.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    400 E Centre Park Blvd Desoto, TX 75115
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