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    Parkerville Rd DeSoto, TX 75115

    For Sale
    Contact for pricing

    15.2 Acres, Prime Retail Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 15.2-acre land parcel presents a remarkable development opportunity in DeSoto, Texas. Situated at the highly visible, signalized intersection of S Hampton Rd and E Parkerville Rd, this property boasts over 14,000 vehicles per day. Directly across from a newly constructed Walmart Neighborhood Market, this location benefits from significant traffic and high visibility. The property features ample frontage on both S Hampton Rd and E Parkerville Rd, providing excellent access and exposure. Zoned PD 114 (GR), allowing for a wide range of retail, office, and service uses, this versatile site is ready for immediate development. Cleared and graded in 2015, this land is primed for construction. Its location within Opportunity Zone Census Tract 48113016621 offers additional investment incentives. The property's adjacency to new D.R. Horton and KB Home communities ensures a strong residential base for future businesses. Easy access to I-35E further enhances its appeal and accessibility. This is a truly exceptional opportunity for investors seeking a high-traffic, well-located development site in a thriving Texas market. The Dallas County location and 75115 zip code add to its desirability.

    Property Features for 0 Parkerville Rd

    General Information

    Property type
    Land
    Lot Size
    662,112 SF

    HighLights

    • Opportunity Zone designation (Census Tract 48113016621).
    • Signalized intersection location at S Hampton Rd & E Parkerville Rd.
    • Adjacent to new D.R. Horton and KB Home residential communities.
    • Significant frontage on S Hampton Rd and E Parkerville Rd.
    • High visibility and convenient I‑35E access.
    • Ready‑to‑develop, cleared lots.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    DeSoto
    County
    Dallas
    State
    Texas
    Longitude
    -96.8568347
    Latitude
    32.5752367

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    FAQs

    What type of property is this?
    Land - 15.2 Acres, Prime Retail Location
    Where is this land located?
    The property is located at Parkerville Rd DeSoto, TX.
    What are key features of this property?
    This property features: Opportunity Zone designation (Census Tract 48113016621).; Signalized intersection location at S Hampton Rd & E Parkerville Rd.; Adjacent to new D.R. Horton and KB Home residential communities.
    (214) 520-8818
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    Parkerville Rd 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
    Parkerville Rd DeSoto, TX 75115
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