Flex Space with Heavy
For Sale
$1,980,000
1101 S Hampton Road, Desoto, TX 75115
CommercialSale, DeSoto, TX
Property Size22,500 SF
Lot Size0.95 Acres
Price / SF$88
Days on Market278
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: Sep 12
Last Checked: Oct 21 at 7:06AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex space at 1101 S Hampton Road combines office and warehouse functionality within a practical industrial layout. The building includes approximately 10% office area and 90% warehouse area, with eight grade-level doors, 13' to 16' clear heights, and heavy power. Central heating and central air are provided, along with a metal roof, laminate flooring, and a parking lot.
The property is positioned near I20 and I35E in DeSoto, providing access to regional transportation routes within the DFW Metroplex. Public water and public sewer serve the site. Built in 1973, the facility supports light industrial, distribution, and service-oriented operations.
The property is positioned near I20 and I35E in DeSoto, providing access to regional transportation routes within the DFW Metroplex. Public water and public sewer serve the site. Built in 1973, the facility supports light industrial, distribution, and service-oriented operations.
Key Highlights
- Approximately 90% warehouse and 10% office layout
- Eight grade‑level doors
- 13' to 16' clear heights
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$141,629
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
16 ft
Clear height
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Winners Cook — 1506 Clemson Dr, Red Oak, TX 75154
- Cajun Creole Catering — 1209 Rio Vista Dr, DeSoto, TX 75115
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse configuration with grade-level access, substantial power, and off-street parking for operational flexibility.
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 90% warehouse and 10% office layout; Eight grade‑level doors; 13' to 16' clear heights
