Flex Space with Grade-Level
For Sale
$1,980,000
1101 S Hampton Road, Desoto, TX 75115
COMMERCIAL - DeSoto, TX
Property Size22,500 SF
Lot Size0.95 Acres
Price / SF$88
Days on Market231
Property Features for 1101 S Hampton Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial - CI
Parking features
Parking Lot
Subdivision
Reeves & McGee
Directions
Not applicable.
Standard status
Active
APN
60175500000020000
Lot size
0.95 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1973
Floors in Building
1
Number of units
1
Flooring type
Laminate
Building materials
AluminumSiding, Brick
Roof type
Metal
Listing Agency:
Bates Real Estate, LLC
Listed By:
Caleb Bates
(214) 630-7077
Added: Jan 16
Changed: Aug 4
Last Checked: Sep 4 at 11:06AM
MLS# 21142736
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 flex space offers approximately 22,500 square feet with a functional layout of 10% office and 90% warehouse. The property includes eight grade-level doors and clear heights ranging from 13' to 16', supported by heavy power for light industrial, distribution, or service-based operations.
Built in 1973, the building features metal roofing, aluminum siding and brick exterior finishes, and laminate flooring. Central heating and central air are in place, with public water and public sewer. Off-street parking is provided in a parking lot configuration.
Strategically located near I-20 and I-35E, the property supports regional connectivity within the DFW Metroplex, while the office/warehouse mix can accommodate day-to-day operational needs alongside warehouse activities.
Built in 1973, the building features metal roofing, aluminum siding and brick exterior finishes, and laminate flooring. Central heating and central air are in place, with public water and public sewer. Off-street parking is provided in a parking lot configuration.
Strategically located near I-20 and I-35E, the property supports regional connectivity within the DFW Metroplex, while the office/warehouse mix can accommodate day-to-day operational needs alongside warehouse activities.
Key Highlights
- Approximately 22,500 square feet of flex space
- 10% office and 90% warehouse layout
- Eight grade‑level doors
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
$141,629
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
7.15%
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%
$2,832,580
$2.8M
Cap Rate 7%
$2,023,271
$2.0M
Cap Rate 9%
$1,573,656
$1.6M
Market Conditions
NOI Build-Up for 22,500 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
$182.7K $8.12/SF
− Vacancy
−$16.1K −$0.71/SF
EGI
$166.6K $7.41/SF
− OpEx
−$25.0K −$1.11/SF
NOI
$141.6K $6.29/SF
Area
Dallas County, TX
Vacancy
8.80%
Lease Rate
$8.12 /SF/Yr
Expense Ratio
15.00%
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%
$2,832,580
Cap Rate 7%
$2,023,271
Cap Rate 9%
$1,573,656
Alternative Uses
Best Use
Warehouse
$2.02M
$1.77M – $2.36M
NOI $141,629 @ 7.0% cap · market cap 7.15%
Second Best
Industrial
$1.67M
$1.46M – $1.94M
NOI $116,636 @ 7.0% cap · market cap 5.89%
Theoretical Best
Multifamily LT 5
$269.70M
$235.99M – $314.65M
NOI $18,878,974 @ 7.0% cap · market cap 953.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
8
Drive-in doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
150
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space office/warehouse layout with eight grade-level doors, central HVAC, and heavy power for light industrial use.
Where is this flex space located?
The property is located at 1101 S Hampton Road Desoto, TX.
What is the asking price?
The asking price for this property is $1,980,000.
What are key features of this property?
This property features: Approximately 22,500 square feet of flex space; 10% office and 90% warehouse layout; Eight grade‑level doors
