1223 Belt Line Rd Desoto, TX 75115-5200
This exceptional retail property, located at 1223 E Belt Line Unit 124 in DeSoto, Texas, offers a substantial 14,397 square feet of space on a 2.18-acre lot. Previously occupied by a retail store, this location boasts high traffic volume and excellent signage opportunities, ensuring maximum visibility for your business. The suite itself is 900 square feet (Suite 124), and the entire property presents a significant opportunity for a variety of retail ventures. The property is offered at $1,425,000. The lease terms for the 900 sqft space are attractive, with a three-year lease at escalating rates of $19, $21, and $23 per square foot annually. All utilities are included except for electricity. Water and trash services are included in the lease. While all information is believed to be accurate, potential buyers are strongly encouraged to independently verify all details. This property's prime location and substantial size make it an ideal investment for discerning entrepreneurs seeking a high-impact retail presence in a thriving DeSoto community. The expansive lot size also offers potential for future expansion or development.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Z97 · Desoto, TXDesoto. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.