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Property profile & analytics
OFF-MARKET
Estimated value
$1,905,000
Super regional malls
1001 Interstate 35th E Desoto, TX 75115-4261
Individually Owned
Absentee Owner
Free & Clear
Property ID
US82-1971408
Property summary
AI-generated overview
This 196,000 square foot power center in DeSoto, Texas, offers multiple retail spaces ranging from 1,400 to 9,800 square feet. Currently, 12,604 square feet are available. The property boasts a strong anchor tenant lineup including Kroger and Ross, along with co-tenants such as AT&T, Chipotle, NextCare Urgent Care, Rainbow, McDonald's, Burger King, KFC, and On the Border. Its prime location at the northwest corner of I-35E and Pleasant Run Road provides excellent visibility and accessibility. The center benefits from its proximity to the I-20/I-35E interchange and is situated approximately two miles south of DeSoto's Eagle Business & Industrial Park, home to major retailers like Kohl's, Home Depot, and Walmart/Sam's Club. This high-traffic location offers significant potential for retail businesses seeking exposure in a thriving community. The property is located at 1001 N Interstate 35 E Rd, DeSoto, TX 75115, in Dallas County.
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1982
Construction
TILT-UP CONCRETE
Total area
36,870 SF
Lot
21.28 ac (927,087 SF)
Zoning code
Z97
APN
20026480010010000
UPID
US82-1971408
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.44M
Blend (final)
Blend
$1.91M
Owner & transaction history
MACLAY CARLIN DESOTO 1LTD
MACLAY CARLIN DESOTO 1LTD
Zoning & alternative use
Z97 · Desoto, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Desoto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Desoto submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$1,365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,815,000
Current use
WAREHOUSE, STORAGE
$1,585,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.91M
Range $1.71M – $2.10M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$52 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$273,194
Tax year 2023
Assessed value
$11,861,810
Assessed 2023
Previous assessed
$11,861,810
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$5,099,080
Assessed improvement
$6,762,730
Land market value
$5,099,080
Improvement market value
$6,762,730
Total market value
$11,861,810
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1982
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
8
Stories
1
Total area
36,870 SF
Lot
21.28 ac (927,087 SF)
Zoning code
Z97
APN
20026480010010000
UPID
US82-1971408
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z97 · Desoto, TX
Zoning Z97 · permitted uses
Z97 · Desoto, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Desoto. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
8
Lot
21.28 ac
Current owner
From public records · entity-resolved
MACLAY CARLIN DESOTO 1LTD
Individual
Free & Clear · 0 yrs held
Mailing address
7557 RAMBLER RD STE #965, DALLAS, TX 75231-2367
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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