Technical
Financial
Distress signals
Property profile

324 Belt Line Rd Desoto, TX 75115

OFF-MARKET
Strip malls
Property ID
US82-3306865
16,000 SF 5.8 ac lot Built 1966
Individually Owned 10-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1966
Construction TILT-UP CONCRETE
Total area 16,000 SF
Lot 5.8 ac (252,648 SF)
Zoning code Z97
APN 20037500010010000
UPID US82-3306865

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
  • Restaurant
  • Shopping Center & Mall
  • Event Planning Wedding Service
  • Restaurant
  • Art Studio

Location

324 Belt Line Rd Desoto, TX 75115-5706
Desoto metro Census 16628 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$620k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.06M
Blend (final) Blend
$840k

Owner & transaction history

since 2015
7 recorded transactions
2019
Price N/A
2017
Price N/A
2015
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Z97 · Desoto, TX

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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