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Multi-Use Religious and Education Facility
Updated: Sep 27, 2022
Multi-Use Religious and Education Facility

123 Executive Way, Desoto, TX 75115

Contact for pricing
Income‑producing facility with individual electric meters per suite
Flexible potential uses include church, headquarters, event center, school, daycare, and lounge (verify with the City of DeSoto)
Location in an area earmarked for major commercial revitalization with traffic reported at 25,175 VPD (commuted by more than 25,175 VPD)
Sold as‑is; no repairs planned except roof repairs if needed
Furniture and belongings may stay, with availability for separate purchase
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Desoto, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Former Church Classroom Facility
Former Church Classroom Facility

4759 Sunnyvale St, Dallas, TX 75216

$699,000
22,500 sqft

Former church building with 11 classrooms and a commercial kitchen, suited to adaptive reuse with substantial remodel needs.

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Former School Building on Large Site
Former School Building on Large Site

3663 West Camp Wisdom Road, Dallas, TX 75237

Contact for pricing
77,699 sqft 13.54 AC lot

77,699 SF school building on 13.54 acres in Dallas.

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NNN Specialty Property
NNN Specialty Property

2501 & 2521 Ballpark Way - Arlington, TX, Arlington, TX 76006

Contact for pricing
18,043 sqft

Established learning facility under a long-term triple-net lease with no landlord responsibilities.

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NNN Preschool and Elementary School
NNN Preschool and Elementary School

711 W Arbrook Blvd, Arlington, TX 76015

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The current NNN term has more than fourteen years remaining and covers an operating preschool and elementary school.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in Fort Worth
Residential Land in Fort Worth

2700 Hitson Lane, Fort Worth, TX 76112

$980,000
7.17 AC lot

Over 6 acres of residential land close to I-30.

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Community Facilities-Zoned Commercial Land
Community Facilities-Zoned Commercial Land

2401 Oakland Boulevard, Fort Worth, TX 76103

$350,000
1.57 AC lot

Two Oakland Boulevard parcels retain one structure and are served by public water and sewer.

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Desoto, TX Schools Market Trends and Statistics

Explore 1 schools for sale in Desoto, TX on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

NNN properties 6
Churches & religious facilities 3
Day care centers 3
Schools 2

Demographics Overview

Population 56K
Population Growth (5Y) +6.0%
Median Household Income $83,386
College Educated 21.8%

Taxes & Financing

Tax Rate (average for all types) 2.26%
Property Tax per SF $36.35 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Dallas County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Dallas County

Office

Property Size Breakdown

The majority of commercial real estate listings in Desoto fall within the 100,000+ square foot range.

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