Property profile

1340 Sherry Ln DeSoto, TX 75115

OFF-MARKET
Industrial properties
Property ID
US82-4138433
750 SF 0.35 ac lot Built 1945
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Property summary

AI-generated overview

This exceptional DeSoto, TX industrial property presents a unique investment opportunity. Priced at $199,500, this 0.35-acre lot boasts a 750-square-foot building, perfectly situated just off the highway for convenient access to surrounding cities. The existing structure offers a versatile layout, including a main lobby, a separate office, a breakroom, and a bathroom – everything needed to immediately commence operations. The building has served a local roofing company for years, demonstrating its durability and suitability for various commercial uses. The property's commercial zoning unlocks a wide range of potential applications, making it an ideal choice for entrepreneurs and businesses seeking a well-established space with significant upside. Its prime location and ample lot size offer considerable expansion possibilities. This affordable commercial property is ready for its next chapter, offering a blend of convenience, functionality, and growth potential. Don't miss this chance to acquire a valuable asset in a thriving area. The property is located at 1340 Sherry Lane, DeSoto, TX.

Property profile

Verified
Property type Industrial properties
Year built 1945
Total area 750 SF
Lot 0.35 ac (15,246 SF)
UPID US82-4138433

Cap rate & NOI

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

Location

1340 Sherry Ln DeSoto, TX 75115
DeSoto metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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