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Property profile & analytics
OFF-MARKET Estimated value $895,000
Individual retail properties

900 Polk St Desoto, TX 75115-4019

40,111 SF 4.79 ac lot Built 1988
Individually Owned 6-yr Hold Free & Clear
Property ID
US82-0702533
Property summary
AI-generated overview

This exceptional retail property, known as Townsend Square, is strategically located at the northwest and northeast corners of N. Polk Street and E. Pleasant Run Road in DeSoto, Texas, 75115. The property boasts a total of 64,604 square feet of retail space, currently offering one available unit measuring 1,222 square feet. Ideal for a variety of retail or restaurant uses, this space benefits from its high visibility and convenient access. The center is situated approximately one mile from Interstate 35E, ensuring excellent accessibility for customers and employees. The property is located in Dallas County, Texas, providing access to a robust consumer base. This is a multi-tenant building offering a strong opportunity for businesses seeking a high-traffic location within a well-established commercial area. The available space presents a unique chance to establish or expand a business in a thriving community. The property's prime location and ample square footage make it an attractive investment opportunity for discerning businesses. Further details regarding lease terms and conditions are available upon request.

Property profile
Verified
Property type Individual retail properties
Use group GYM, HEALTH SPA
Year built 1988
Construction TILT-UP CONCRETE
Total area 40,111 SF
Lot 4.79 ac (208,609 SF)
Zoning code Z97
APN 201040000B0010000
UPID US82-0702533
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
  • Daily foodmart Grocery & Convenience Store Food Market
  • Pinnacle Capital Mortgage Inc Loan Service Bank
  • Chase Mortgage Loan Service Bank
  • Next Level Giants Event Center Hotel & Motel Resort
  • Sure Foundation Bible Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.16M
CAP Approach CAP
by Request
Comparable Approach Comparable
$627k
Blend (final) Blend
$895k
Owner & transaction history
Benjamin Abramov · 6 yrs held
Benjamin Abramov
since 2020
4 recorded transactions
2020
Price N/A
2016
Price N/A
2016
Price N/A
2006
Price N/A
Zoning & alternative use
Z97 · Desoto, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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