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DeSoto Commercial Revitalization Opportunity
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123 Executive Way, Desoto, TX 75115

Income-producing property in area earmarked for commercial revitalization.

Property SizeContact for details
Days on Market1448

Property Features for 123 Executive Way

General Information

Standard status Active
Zoning Z111
Listing Agency: Engvest Group - eXp Commercial
Listed By: Daniel Eng | CCIM · License #514529
Source: Expcommercial
Added: Sep 27, 2022 Changed: Sep 11 Last Checked: Sep 13 at 3:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Engvest Group - eXp Commercial

Investment Insights

Based on property information with market context.

This 10,800 square foot property is located in the heart of an area earmarked for major commercial revitalization. The location sees traffic of more than 25,175 vehicles per day. Potential multiple uses include church, headquarters, event center, school, daycare, and lounge. Each suite has individual electric meters. All furniture and belongings may stay but are available for separate purchase. The property is being sold as is, and no repairs will be done besides roof repairs, if needed. Buyer & buyer's agent to do their own due diligence regarding repairs, verify all taxes, measurements, and parking ratio. Please verify business use with the city of DeSoto prior to submitting an offer.

Key Highlights

  • Great income‑producing property.
  • Ideally located in the heart of the area earmarked for major commercial revitalization.
  • High traffic area with over 25,175 vehicles per day.

Property Analytics

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Current Use

Anthonia Duru Physician The Prophet Motors Car Dealership A J Home Health ... Home Health Care Service

Suggested Use

Top Pick Restaurant Dental Office Building Supply Auto Parts Store Garden Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

818
Businesses Nearby

Demographics for 75115, TX

56,164
Population
22,054
Households
2.5
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
21.0 sq mi
ZIP Area
2,674
Density / Sq Mi
$83,386
Median Household Income
$47,949
Median Earnings
$1,478
Median Rent
$282,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Income-producing property in area earmarked for commercial revitalization.
Where is this office building located?
The property is located at 123 Executive Way Desoto, TX.
What are key features of this property?
This property features: Great income‑producing property.; Ideally located in the heart of the area earmarked for major commercial revitalization.; High traffic area with over 25,175 vehicles per day.
More about this property
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