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Executive Summary
Great investment opportunity in DeSoto, 15 miles from downtown Dallas. The property is almost half an acre with lovely trees and large backyard area. The one story building is 4800 square feet and has previously been operated as a daycare center. The interior of the property has a daycare finish out with whimsical paintings in bright colors in multiple classrooms and nursery rooms, conference room, a kitchen and break area, multiple offices, storage room, multiple restrooms. The large backyard with tree coverage offers areas for all ages to play, a playset still remains, the yard is completely fenced in. The property is ZONED AS RETAIL so many business opportunities could also be utilized. Please note that the property is being sold as-is and is subject to court approval. Parking for at least 14 cars is adjacent to the property. Another attribute to the property is its in the TEXAS ENTERPRISE ZONE which gives incentives to property owners for state sales and use tax refunds for various levels of capital investment or number of jobs created. The property is close to DeSoto Town Center rich with services including grocery, dry cleaners, restaurants, retail shopping. Easy access to the city's Civic Center which includes a state-of-the-art fitness center, sports courts, youth center. Thorntree Golf Club, 18-hole course with numerous amenities is located nearby.
The property seller is Allie Beth Allman & Associates as the designated receiver and will need court approval for purchase. Sold as-is. Easy process to go through. Call agent for details. Appraisal package available-please see agent
The property seller is Allie Beth Allman & Associates as the designated receiver and will need court approval for purchase. Sold as-is. Easy process to go through. Call agent for details. Appraisal package available-please see agent
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Day Care Center
Building Size
4,800 SF
Building Class
C
Year Built
1971
Price
$615,146 CAD
Price Per SF
$128.16 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.44 AC
Zoning
SF1
Parking
14 Spaces (2.92 Spaces per 1,000 SF Leased)
Frontage
92’ on Barrows Ln
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- A Heart To Give Inc
- Services
- -
- -
- -
- Hampton Park Academy
- Health Care and Social Assistance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| A Heart To Give Inc | Services | - | - | - | ||
| Hampton Park Academy | Health Care and Social Assistance | - | - | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 20051500010020000 | Improvements Assessment | $427,696 CAD |
| Land Assessment | $106,656 CAD | Total Assessment | $534,353 CAD |
Property Taxes
Parcel Number
20051500010020000
Land Assessment
$106,656 CAD
Improvements Assessment
$427,696 CAD
Total Assessment
$534,353 CAD
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106 Barrows Pl
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