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Property profile & analytics
OFF-MARKET Estimated value $1,480,000
Warehouses

1707 Falcon Dr Desoto, TX 75115-2495

68,081 SF 3.44 ac lot Built 1986
Individually Owned 31-yr Hold Absentee Owner Free & Clear
Property ID
US82-3816768
Property summary
AI-generated overview

Falcon Centre, located at 1707 Falcon Dr, DeSoto, TX 75115, presents a prime opportunity within the Dallas County industrial market. This Class B warehouse, part of a larger industrial park, offers a single, readily available suite totaling 20,287 square feet within a 69,098 square foot building. The space boasts impressive ceiling heights ranging from 18 to 22 feet, providing ample vertical storage capacity. Loading and unloading are facilitated by one loading dock and three dock-high doors. The building features a convenient park-front load configuration and is equipped with a fully functional sprinkler system, enhancing safety and security. The property's multiple tenancy structure offers flexibility, and its location in DeSoto, Texas, provides easy access to major transportation routes and a robust workforce. This warehouse is ideal for businesses seeking efficient operations and strategic positioning within the Dallas County industrial sector. The available space presents a significant opportunity for immediate occupancy and operational expansion. The property's features and location combine to create a compelling investment prospect. The address is 1707 Falcon Dr, DeSoto, TX 75115, within Dallas County.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1986
Construction TILT-UP CONCRETE
Total area 68,081 SF
Lot 3.44 ac (150,021 SF)
Zoning code Z111
APN 20031480060020400
UPID US82-3816768
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • AACA Parts & Supplies Big Box & Wholesale Store
  • FedEx Drop Box Postal Service Courier Service
  • Optimum Packaging, Inc. Corporate Office
  • Lennox Stores (PartsPlus) Hardware & Home Improvement Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$990k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.97M
Blend (final) Blend
$1.48M
Owner & transaction history
OWEN BROTHERS ENTERPRISES
OWEN BROTHERS ENTERPRISES
Zoning & alternative use
Z111 · Desoto, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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