221 Parkerville RdDeSoto, TX 75115
- Commercial land
- 10.00 AC
Property Details for 221 Parkerville Rd
- Lot size
- 10.00 AC
- Zone code
- Z370
- Property type
- Commercial land
- APN
- 65023466010360300
- APU
- 65023466010360300
Description
This exceptional 10-acre parcel presents a remarkable opportunity for residential development in the thriving city of DeSoto, Texas. Located at 221 W Parkerville Rd, 75115, this property boasts a prime location near Hampton Road, offering convenient access to existing residential and commercial areas. Currently zoned Commercial-Vacant Plotted Lots/Tracts Single Family-10 (SF-10), this land is ideally suited for single-family home construction, allowing for lots of approximately 10,000 square feet. The property's size and zoning provide significant potential for a substantial residential development project. The seller is open to considering the sale of a 7-acre portion of the land, retaining 3 acres. This flexibility allows for various development scenarios to suit different investment strategies. Prospective buyers are responsible for verifying all pertinent information, including but not limited to, any restrictions, easements, utility availability, school districts, and the feasibility of their proposed use with the City of DeSoto. This is a rare opportunity to acquire a sizable, well-located tract of land in a rapidly growing area. The asking price for the entire 10-acre parcel is $1,800,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $85,037,080
- Hospitality
- $77,893,512
- Educational
- $64,806,484
- Medical
- $67,035,280
- Retail
- $100,810,088
Location Insight
- City
- Desoto
- County
- Dallas
- State
- Texas
- Latitude
- 32.5763
- Longitude
- -96.8611
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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