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Property profile & analytics
OFF-MARKET
Estimated value
$45,075,000
Distribution centers
2019 Interstate 35th E Desoto, TX 75115-2688
Entity Owned
4-yr Hold
Free & Clear
Property ID
US82-6038373
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2012
Construction
TILT-UP CONCRETE
Total area
951,480 SF
Lot
50.63 ac (2,205,443 SF)
Zoning code
Z109
APN
200265100A01C0000
UPID
US82-6038373
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$41.52M
Blend (final)
Blend
$45.08M
Owner & transaction history
Kohls INC · 4 yrs held
Kohls INC
since 2022
7 recorded transactions
Zoning & alternative use
Z109 · Desoto, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$46.8M
+14.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Desoto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Desoto submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$40,950,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$46,795,000
Change: +14% · Conversion: Moderate
Blend value · Realmo final
$45.08M
Range $40.57M – $49.58M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$47 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,225,636
Tax year 2023
Assessed value
$58,728,820
Assessed 2023
Previous assessed
$58,728,820
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$3,308,160
Assessed improvement
$55,420,660
Land market value
$3,308,160
Improvement market value
$55,420,660
Total market value
$58,728,820
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2012
Construction
TILT-UP CONCRETE
Heating
PARTIAL
Cooling
PARTIAL
Stories
1
Total area
951,480 SF
Lot
50.63 ac (2,205,443 SF)
Zoning code
Z109
APN
200265100A01C0000
UPID
US82-6038373
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z109 · Desoto, TX
Zoning Z109 · permitted uses
Z109 · Desoto, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Desoto. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$41.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$46.8M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2012
Construction
TILT-UP CONCRETE
Heating
PARTIAL
Cooling
Yes
Stories
1
Lot
50.63 ac
Current owner
From public records · entity-resolved
Kohls INC
Entity
Free & Clear · 4 yrs held
Mailing address
MENOMONEE FALLS, WI 53051
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2025
—
Kohls Real Estate Holdings LLC
—
Deed
related
$360,000,000 · Us Bank Trust Co NA
May 31, 2022
—
Kohls INC
Kohls Indiana LP
Warranty Deed
—
Jul 20, 2012
—
Indiana LP Kohls
Ctc Building 2 LP
Grant Deed
—
Oct 21, 2011
—
Ctc Building 2 LP
Hillwood Lit II LP
Grant Deed
—
Jul 12, 2005
—
Hillwood Lit II
Mayfield Of New York 2 Ltd
Grant Deed
related
—
—
—
Ctc Building 2 LP
—
Deed Of Trust
related
$23,300,000 · Lit Industrial LP
—
—
Lit Hillwood II
—
Deed Of Trust
related
$3,726,051 · Plains Capital Bank
—
—
Lit Hillwood II
—
Deed Of Trust
related
$30,000,000 · Hw Finance Services LP
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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