Standalone Quick-Service
For Sale
$569,000
122 S Hampton Road, Desoto, TX 75115
CommercialSale, DeSoto, TX
Property Size1,216 SF
Lot Size0.41 Acres
Price / SF$467.93
Days on Market164
Property Features for 122 S Hampton Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
GRetail
Subdivision
ORIG TOWN DESOTO TR 38.1 ACS 0.407 ABST 1124
Directions
Take I35 and exit Beltline road, Go west on Beltline Road, make a left on Hampton, property is on the left.
Standard status
Active
APN
20000500000380100
Lot size
0.41 Acres
Taxes and HOA fees
Tax Description
ORIG TOWN DESOTO TR 38.1 ACS 0.407 ABST 1124
Tax Annual Amount
2957
Legal Description
ORIG TOWN DESOTO TR 38.1 ACS 0.407 ABST 1124
Utilities
Sewer type
Public Sewer
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1975
Floors in Building
1
Number of units
1
Flooring type
Tile
Listing Agency:
Franchise Real Estate Group
(800) 883-2571
Listed By:
Mike Jones · License #0598829
(214) 228-2157
Added: Apr 3
Changed: Sep 12
Last Checked: Sep 13 at 9:06PM
MLS# 21131338
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This standalone restaurant building at 122 S Hampton Road contains 1,216 square feet on approximately 0.407 acres. Constructed in 1975, the property features tile flooring, central air, electric cooling, public water, and public sewer. The current owner operates from the premises, and the sale includes FF&E.
The site is positioned within DeSoto’s Hampton Road Redevelopment Corridor and falls under the city’s new Urban Center zoning framework. Its location provides proximity to I-35E and places the property within an area targeted for revitalization and upgraded development standards. The framework identifies potential for mixed-use commercial, multi-tenant retail, or contemporary restaurant concepts.
The site is positioned within DeSoto’s Hampton Road Redevelopment Corridor and falls under the city’s new Urban Center zoning framework. Its location provides proximity to I-35E and places the property within an area targeted for revitalization and upgraded development standards. The framework identifies potential for mixed-use commercial, multi-tenant retail, or contemporary restaurant concepts.
Key Highlights
- 1,216 SF standalone restaurant building on approximately 0.407 acres
- FF&E included in the sale
- Current owner operates from the premises
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,739
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$434,780
$434.8K
Cap Rate 7%
$310,557
$310.6K
Cap Rate 9%
$241,544
$241.5K
Market Conditions
NOI Build-Up for 1,216 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$30.4K $24.96/SF
− Vacancy
−$1.4K −$1.12/SF
EGI
$29.0K $23.84/SF
− OpEx
−$7.2K −$5.96/SF
NOI
$21.7K $17.88/SF
Area
Dallas County, TX
Vacancy
4.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$434,780
Cap Rate 7%
$310,557
Cap Rate 9%
$241,544
Alternative Uses
Best Use
Specialty Retail
$310.6K
$271.7K – $362.3K
NOI $21,739 @ 7.0% cap · market cap 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$14.58M
$12.75M – $17.01M
NOI $1,020,304 @ 7.0% cap · market cap 179.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
588
Businesses Nearby
37k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 66%
Dining 30%
Electronics 4%
Exxon
Shops & Services
9,557 visits/mo
0.1 miles
Dollar General
Shops & Services
7,952 visits/mo
0.2 miles
Church's Chicken
Dining
4,765 visits/mo
0.2 miles
Domino's Pizza
Dining
3,860 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
3,013 visits/mo
0.3 miles
Demographics for 75115, TX
56,164
Population
22,054
Households
2.5
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
21.0 sq mi
ZIP Area
2,674
Density / Sq Mi
$83,386
Median Household Income
$47,949
Median Earnings
$1,478
Median Rent
$282,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing operations and FF&E convey with the property, supporting continued restaurant use.
Where is this conventional restaurant located?
The property is located at 122 S Hampton Road Desoto, TX.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: 1,216 SF standalone restaurant building on approximately 0.407 acres; FF&E included in the sale; Current owner operates from the premises
