Technical
Financial
Distress signals
Property profile

1301 E Parkerville Rd Desoto, TX 75115

FOR SALE
Warehouses
Property ID
US82-5499493
10,000 SF 1.05 ac lot Built 1985
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1985
Construction STEEL FRAME
Total area 10,000 SF
Lot 1.05 ac (45,782 SF)
Zoning code Z109
APN 20018500010250000
UPID US82-5499493

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • HVAC Service General Contractor
  • Accounting Firm Tax Preparation
  • Crisis Center Medical Clinic
  • Logistics Company Freight Service
  • Hair Salon

Location

1301 E Parkerville Rd Desoto, TX 75115
Desoto metro Census 16627 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$490k
CAP Approach CAP
$775k
Comparable Approach Comparable
$665k
Blend (final) Blend
$645k

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2019
Price N/A
2016
Price N/A
2013
Price N/A
2012
Price N/A
2010
Price N/A
2009
Price N/A

Zoning & alternative use

Z109 · Desoto, TX
Top alternative use upside
Retail stores $925,000 +115.4%
Neighborhood: shopping center $490,000 +14.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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