1301 E Parkerville Rd Desoto, TX 75115
For Sale
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This exceptional 20,000 square foot commercial property in DeSoto, Texas, presents a lucrative investment opportunity for owner-users or investors. Situated on a 1.05-acre lot, this versatile building boasts approximately 10,000 square feet of office space divided into four suites and 10,000 square feet of warehouse space split into two suites. The warehouse features impressive 14' to 19' clear ceiling heights, three 10'6" x 10'4" dock-high doors with dock plates, and additional overhead doors (two 12'w x 14'h and one 14'9"w x 14'6"h). The property includes a wash bay with a sand trap and washer/dryer connections. The building benefits from updated HVAC, water heater, and irrigation systems. Modern amenities include data Cat 5 cabling, a 16-channel DVR and cameras, Cisco routers in telecom rooms, and a fiber optic D-mark location. LED lighting enhances the exterior and warehouse spaces. Electrical service is robust, featuring 120/208v 3-phase power, five 200-amp services, and one 400-amp service, all metered separately. The fenced backyard provides ample space for parking and outside storage. The property is zoned Commercial-1 and is conveniently located approximately 0.3 miles from I-35 and roughly 20 minutes from Dallas. Permitted uses include, but are not limited to, light manufacturing, office/warehouse, HVAC sales, contractor shops, minor auto repair, tire dealerships, and various educational and daycare facilities. A complete list of permitted uses is available upon request. The asking price is $2,300,000. Currently, the building enjoys a 94% occupancy rate.
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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
Z109 · 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.