Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    701 N Hampton Rd Desoto, TX 75115

    Sponsored
    For Sale
    Under Contract
    $525,000

    Business - DeSoto, TX

    Type:Business
    Property size:
    2,432 SF
    Lot size:
    0.34 Acres
    Days on Market:
    9
    Last Refresh:
    Jan 23 at 1:06 am

    Property Features for 701 N Hampton Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active Under Contract
    APN
    20104500000010000
    Parking features
    Assigned, Driveway, Guest, Open, Parking Lot, Paved or Surfaced
    Size
    2,432 SF
    Lot size
    0.34 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Attic Fan, Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    1973
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Brick, Fiberglass Siding, Glass
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Benaisha Poole-Watson

    eXp Realty, LLC (888) 519-7431 [email protected]

    Listing agent Benaisha Poole-Watson (888) 519-7431 License #0661751

    Listing date Jan 15, 2026

    MLS# 21039108 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    DeSoto Commercial Property For Sale

    Located in DeSoto, TX, this commercial property at 701 N Hampton Road offers a versatile opportunity for various business ventures. The property features a 14,985 square foot lot that includes a 2,432 square foot building. The building benefits from excellent visibility and signage opportunities. Previously occupied by a financial institution and currently a dental office, the space is suitable for medical offices, professional services, or retail conversion. The property includes ample parking and high traffic exposure. All utilities are available. The property is located in a fast-growing corridor and is minutes from major thoroughfares and area amenities. The property is not located within a PID or MUD district.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Professional Orthodontic Associates Dentist Desoto Orthodontics Medical Clinic Andrea Burke Dentist DeSoto Happy Teeth ... Dentist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Willow Brook Animal Hospital, Better Pet Vet Clinic A, Desoto Animal Hospital

    Location Insight

    • Map
    • Local Demand
    City
    Desoto
    County
    Dallas
    State
    Texas
    Longitude
    -96.857514
    Latitude
    32.60078

    Nearby Similar for Sale

    • $4,350,000
      1.53 Acres

      DeSoto Flex Space Investment

      100% occupied flex space near I-35, ideal NNN investment.
      400 E Centre Park Blvd, Desoto, TX 75115
      View Details
    • $999,000
      5.01 Acres

      DeSoto Commercial Revitalization Opportunity

      Income-producing property in area for commercial revitalization. Multiple potential uses.
      1012 E Wintergreen Rd, Desoto, TX 75115
      View Details
    • $475,000
      0.42 Acres

      DeSoto Office Building with Yard

      Standalone office building in DeSoto with high visibility and accessibility.
      580 N Hampton Rd, Desoto, TX 75115
      View Details
    • $599,999
      3.34 Acres

      DeSoto Retail Investment Opportunity

      3+ acres zoned commercial retail with investment potential.
      121 Little John Dr, Desoto, TX 75115
      View Details
    • $795,000
      0.62 Acres

      Prime Restaurant Building in DeSoto

      Freestanding restaurant on 0.62 acres with high visibility.
      1109 E Pleasant Run Rd, Desoto, TX 75115
      View Details
    • $625,000
      0.41 Acres

      DeSoto QSR Redevelopment Opportunity

      Standalone QSR building in DeSoto's Hampton Road Redevelopment Corridor.
      122 S Hampton Rd, Desoto, TX 75115
      View Details
    • Contact for pricing
      10,800 SF

      DeSoto Commercial Revitalization Opportunity

      Income-producing property in area earmarked for commercial revitalization.
      123 Executive Way, Desoto, TX 75115
      View Details
    • $631,680
      2,688 SF

      Updated Medical Office Condo

      2,688 SF medical office near Charlton Methodist Hospital.
      2727 Bolton Boone Dr, Desoto, TX 75115
      View Details
    • $2,950,000
      19,386 SF

      DeSoto Church, Office, or School

      19,386 SF building suitable for church, office, or school.
      2100 N Hampton Rd, Desoto, TX 75115
      View Details
    • Contact for pricing
      14,397 SF

      Income-Producing Strip Center Opportunity

      High-traffic strip center with great visibility and corner frontage.
      1223 E Belt Line Rd, Desoto, TX 75115
      View Details
    • $2,115,000
      22,500 SF

      DeSoto Warehouse with Office Space

      22,500 SF warehouse featuring offices and ample parking.
      1101 S Hampton Rd, Desoto, TX 75115
      View Details
    • $575,000
      5,232 SF

      DeSoto Office Building For Sale

      Office building with 5,232 square feet available for purchase.
      500 N Hampton Rd, Desoto, TX 75115
      View Details

    FAQs

    What type of property is this?
    Medical office - Versatile commercial building ideal for office, medical, or retail use.
    Where is this medical office located?
    The property is located at 701 N Hampton Rd Desoto, TX.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - Prime commercial location in DeSoto with **high visibility and signage opportunities.**; - Versatile 2,432 SF building **suitable for office, medical, professional services, or retail conversion.**; - Ample parking available for customers and staff.
    (888) 519-7431
    Request Owner's contact information
    701 N Hampton Rd Desoto, TX 75115
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    701 N Hampton Rd
    Desoto, TX 75115
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    701 N Hampton Rd Desoto, TX 75115
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Benaisha Poole-Watson
    Real Estate License ID: 0661751
    (888) 519-7431
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.