900 Polk St DeSoto, TX 75115
- Individual retail properties
- 40,111 SF
- 4.79 lot acres
Current Use by Public Records
- Daily foodmart / Grocery Store / Lottery Retailer
- Pinnacle Capital Mortgage Inc / Mortgage Lender
- Chase Mortgage / Mortgage Lender
- Next Level Giants Event Center / Event Venue
- Sure Foundation Bible Church / Church
Property Details for 900 Polk St
- Year built
- 1988
- Construction
- TILT-UP CONCRETE
- Lot size
- 4.79 lot acres
- Property size
- 40,111 SF
- Zone code
- Z97
- Property type
- Individual retail properties
- APN
- 201040000B0010000
- APU
- 201040000B0010000
Description
This exceptional retail property, known as Townsend Square, is strategically located at the northwest and northeast corners of N. Polk Street and E. Pleasant Run Road in DeSoto, Texas, 75115. The property boasts a total of 64,604 square feet of retail space, currently offering one available unit measuring 1,222 square feet. Ideal for a variety of retail or restaurant uses, this space benefits from its high visibility and convenient access. The center is situated approximately one mile from Interstate 35E, ensuring excellent accessibility for customers and employees. The property is located in Dallas County, Texas, providing access to a robust consumer base. This is a multi-tenant building offering a strong opportunity for businesses seeking a high-traffic location within a well-established commercial area. The available space presents a unique chance to establish or expand a business in a thriving community. The property's prime location and ample square footage make it an attractive investment opportunity for discerning businesses. Further details regarding lease terms and conditions are available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,160,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,335,000
- 6.5%
- $1,545,000
- 7%
- $1,360,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,365,000
- Geo Method
- $1,365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,390,000
- Retail
- $1,370,000
- Mixed-Use
- $1,475,000
- Hospitality
- $1,365,000
- Educational
- $1,500,000
- Residential Income
- $1,645,000
- Energy
- $1,250,000
- Income-Based Land
- $1,425,000
- Food Service
- $1,310,000
Location Insight
- Map
- Local Demand
- City
- Desoto
- County
- Dallas
- State
- Texas
- Longitude
- -96.8402
- Latitude
- 32.6056
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
