Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    100 S Elerson Rd Desoto, TX 75115

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    4.77 AC site ideal for retail development or ground lease.

    We can help!

    Listing Contact
    Chase Mcgough
    Source: Naiglobal

    Listing Agent: Chase Mcgough

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Prime Retail Site in DeSoto

    This 4.77-acre commercial land site is located on the lighted hard corner of Belt Line Road and Elerson Road in DeSoto. Situated on Belt Line Road, a high-traffic corridor, the location benefits from 24,269 vehicles per day. The site is directly across from a Super Walmart that attracts over 2 million visits annually. The property is suitable for various retail uses, including quick-service restaurants, small food and beverage businesses, and auto-related concepts. Options are available for ground lease or build-to-suit freestanding buildings, or a multi-tenant retail center. Located in a high-growth area of DeSoto, the site offers excellent visibility, strong demographics, and potential for long-term value in a thriving suburban Dallas submarket. DeSoto is part of the Dallas-Fort Worth Metroplex, providing quick access to major highways, a strong labor pool, and continued residential and commercial growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Desoto
    County
    Dallas
    State
    Texas
    Longitude
    -96.8832499
    Latitude
    32.5887704

    Nearby Similar for Sale

    • $465,000
      2,038 SF

      DeSoto Office Building For Sale

      Standalone office building in DeSoto with high visibility.
      580 N Hampton Rd, Desoto, TX 75115
      View Details
    • $599,999
      0.40 Acres

      Retail Property on Hampton Road

      Retail property in high-traffic area with flexible layout.
      233 N Hampton Rd, Desoto, TX 75115
      View Details
    • $525,000
      2,432 SF

      DeSoto Commercial Property For Sale

      Versatile commercial building ideal for office, medical, or retail use.
      701 N Hampton Rd, Desoto, TX 75115
      View Details
    • $3,650,000
      1.53 Acres

      DeSoto Flex Space Opportunity

      Flex space ideal for investors or owner-occupants with warehouse needs.
      400 E Centre Park Blvd, Desoto, TX 75115
      View Details
    • $1,500,000
      13,565 SF

      Desoto Office Building For Sale

      13,565 SF office building in thriving Desoto, Texas.
      1701 N Hampton Rd, Desoto, TX 75115
      View Details
    • $617,000
      1,216 SF

      DeSoto QSR Redevelopment Opportunity

      Standalone QSR building in DeSoto's Hampton Road Redevelopment Corridor.
      122 S Hampton Rd, Desoto, TX 75115
      View Details
    • $599,999
      3.34 Acres

      DeSoto Retail Investment Opportunity

      3+ acres zoned commercial retail with investment potential.
      121 Little John Dr, Desoto, TX 75115
      View Details
    • $999,000
      5.01 Acres

      DeSoto Commercial Revitalization Opportunity

      Income-producing property in area for commercial revitalization. Multiple potential uses.
      1012 E Wintergreen Rd, Desoto, TX 75115
      View Details
    • $795,000
      0.62 Acres

      Prime Restaurant Building in DeSoto

      Freestanding restaurant on 0.62 acres with high visibility.
      1109 E Pleasant Run Rd, Desoto, TX 75115
      View Details
    • $349,000
      0.26 Acres

      DeSoto Duplex: Investment Opportunity

      Fully leased duplex in DeSoto, TX, offering immediate cash flow.
      1001 Hunters Creek Dr, Desoto, TX 75115
      View Details
    • $238,500
      0.15 Acres

      DeSoto Duplex Investment Opportunity

      Income-producing duplex in DeSoto, TX, with flexible leasing options.
      412 Amber Ln, Desoto, TX 75115
      View Details
    • $238,500
      0.15 Acres

      DeSoto Duplex: Income Potential

      Charming duplex in DeSoto, TX, ideal for investors.
      414 Amber Ln, Desoto, TX 75115
      View Details

    FAQs

    What type of property is this?
    Commercial land - 4.77 AC site ideal for retail development or ground lease.
    Where is this commercial land located?
    The property is located at 100 S Elerson Rd Desoto, TX.
    What are key features of this property?
    This property features: - High-traffic location on Belt Line Rd with 24,269 vehicles per day.; - Directly across from Super Walmart, attracting over 2 million annual visits.; - Located on the lighted hard corner of Belt Line Road & Elerson Road.
    (806) 722-1203
    Request Owner's contact information
    100 S Elerson Rd Desoto, TX 75115
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    100 S Elerson Rd
    Desoto, TX 75115
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    100 S Elerson Rd Desoto, TX 75115
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Chase Mcgough
    (806) 722-1203 (214) 674-6513
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!