Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1308 Pleasant Run Rd Desoto, TX 75115-4206
    Back to Search
    Property profile & analytics

    1308 Pleasant Run Rd, Desoto, TX 75115-4206

    View on Map
    • Drive through restaurants
    • 2,459 SF
    • 0.32 lot acres
    Off-Market
    Property ID
    US82-3625479
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Long John Silver's / Restaurant / Take-out & Catering

    Property Details for 1308 Pleasant Run Rd

    Year built
    1981
    Construction
    FRAME
    Lot size
    0.32 lot acres
    Zone code
    Z97
    Property type
    Drive through restaurants
    APN
    20058000000030000
    APU
    20058000000030000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 7, 2010 — Desoto Ljs LLC Muy Properties Ltd Grant Deed · related —
    Oct 16, 2008 — Muy Properties Ltd Kfc Us Properties INC Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Desoto
    County
    Dallas
    State
    Texas
    Longitude
    -96.8247
    Latitude
    32.6039
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,805
    $112,460
    $182,990
    $295,450
    -
    $112,460
    $182,990
    $295,450

    Comparable in this City

    • Value Estimation
      $510,000
      3,040 SF

      1021 Belt Line Rd

      DRIVE-THRU RESTAURANT, FAST FOOD
      1021 Belt Line Rd, Desoto, TX 75115-3702
      View Details
    • Value Estimation by Request
      1,950 SF

      1011 Belt Line Rd

      DRIVE-THRU RESTAURANT, FAST FOOD
      1011 Belt Line Rd, Desoto, TX 75115-3702
      View Details
    • Value Estimation by Request
      1,127 SF

      104 Pleasant Run Rd

      DRIVE-THRU RESTAURANT, FAST FOOD
      104 Pleasant Run Rd, Desoto, TX 75115-3910
      View Details
    • Value Estimation by Request
      2,000 SF

      901 Hampton Rd

      DRIVE-THRU RESTAURANT, FAST FOOD
      901 Hampton Rd, Desoto, TX 75115-3903
      View Details
    • Value Estimation by Request
      2,668 SF

      203 Pleasant Run Rd

      DRIVE-THRU RESTAURANT, FAST FOOD
      203 Pleasant Run Rd, Desoto, TX 75115-3939
      View Details
    • Value Estimation by Request
      2,900 SF

      735 Pleasant Run Rd

      DRIVE-THRU RESTAURANT, FAST FOOD
      735 Pleasant Run Rd, Desoto, TX 75115-4015
      View Details

    Similar Nearby for Sale

    • $795,000
      Pending

      Freestanding Restaurant Building with Visibility

      Freestanding restaurant building in DeSoto with high visibility on a major thoroughfare and ample parking for customer convenience.
      1109 E Pleasant Run Rd, Desoto, TX 75115
      View Details
    • Contact for pricing
      1,216 SF

      Redevelopment Opportunity in DeSoto

      1,216 SF QSR building in Hampton Road Redevelopment Corridor.
      122 S Hampton Rd, Desoto, TX 75115
      View Details
    • Contact for pricing
      1,960 SF

      Commercial Building on Large Lot

      1,960 SF commercial building on 2 acre lot.
      718 N Hampton Rd, Desoto, TX 75115
      View Details
    • $569,000
      0.41 Acres

      Standalone QSR Restaurant Building

      Standalone QSR with strong redevelopment potential in a future-focused corridor near I-35E and high-visibility traffic.
      122 S Hampton Rd, Desoto, TX 75115
      View Details
    • $6,565,000
      38,451 SF

      Fully Occupied DeSoto Retail Center

      Multi-tenant retail center in DeSoto, Texas, 100% occupied.
      1615 N Hampton Rd, Desoto, TX 75115
      View Details
    • $569,999
      0.40 Acres

      Retail Building with Rear Storage

      Flexible retail layout with rear garage/storage, small loft, and customer parking in a high-exposure Hampton Road corridor.
      233 N Hampton Rd, Desoto, TX 75115
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Former Big Lots Retail Space

      Retail, office, medical, and restaurant space in Locke Supply center.
      719 N Hampton Rd, Desoto, TX 75115
      View Details
    • Contact for pricing
      900 SF

      Retail Space in DeSoto, TX

      Retail spaces available in a busy shopping center.
      1100 E Pleasant Run Rd, Desoto, TX 75115
      View Details
    • Contact for pricing

      Second-Generation Hair Salon Available

      Hair salon space for rent near Interstate 35E.
      900 N Polk St, Desoto, TX 75115
      View Details
    • Contact for pricing
      430 SF

      DeSoto Retail and Office Space

      26,000 SF marketplace with retail, restaurant, and office spaces.
      320-360 E Belt Line Rd, Desoto, TX 75115
      View Details
    • Contact for pricing

      Retail Space in DeSoto, Texas

      Retail property located near Interstate 35 in DeSoto, Texas.
      901 N Polk St, Desoto, TX 75115
      View Details
    • Contact for pricing
      989 SF

      Hampton Road Retail/Office Space

      One-story brick retail/office center on Hampton Road.
      712 N Hampton Rd, Desoto, TX 75115
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1308 Pleasant Run Rd
    Desoto, TX 75115-4206
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1308 Pleasant Run Rd, Desoto, TX, 75115
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!