Commercial Property in Dallas Suburb to Be Sold at May 25 Auction

KANSAS CITY, Mo., May 20 /PRNewswire/ -- Qualified buyers will have the opportunity to purchase an excellent parcel of land in the heart of DeSoto, Texas, this month. Appraised at $2.4 million, the property will be sold to the highest bidder over $299,000.

Conducted by Mike Fisher, auctioneer and chief executive officer of United Country – The Redfield Group, the live auction will take place on Tuesday, May 25, at the Hampton Inn & Suites Dallas (1311 East Centre Park Boulevard, DeSoto, Texas). Registration for the event will begin at 10 a.m., and the auction will take place at 11 a.m. The property will be available for viewing any time prior to the event.

"This auction represents an excellent investment opportunity for buyers," said Fisher. "Where else can you acquire nearly 10 park-like acres at the ideal market price that only the auction format can guarantee? If you're looking for a beautiful piece of land in an ideal location with plenty of possibility, look no further than this DeSoto property!"

The property for sale is 9.839 acres located at the southeast corner of E. Beltline Road and S. Polk Street, four-lane and six-lane streets with sidewalks and landscaped medians. It's in the heart of DeSoto, just 15 minutes from downtown Dallas, and its proximity to residential areas and schools, high traffic counts and a traffic light at the corner make this property one of DeSoto's prime locations. The acreage has more than 1,250 feet of frontage on two streets, is mostly level with good drainage and has all utilities available. Zoned general retail and approved for planned development, this land will make an excellent investment.

Detailed information about the property for sale, as well as details about the auction, can be found online at www.redfieldgroup.com or by calling 866-673-9270.

SOURCE United Country - The Redfield Group