Flex Space with Grade-Level
For Sale
$1,980,000
1101 S Hampton Road, Desoto, TX 75115
Flexible commercial space combines private offices, heavy power, and abundant off-street parking.
Property Size22,500 SF
Days on Market38
Property Features for 1101 S Hampton Road
General Information
Standard status
Active
Size
22,500 SF
Property subtype
Industrial
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
8
Heavy Power
Yes
Amenities
Private Offices
Kitchen
Breakroom
Upgraded LED Lighting
Building Details
Building Size
22,500 SF
Year Built
1973
Listing Agency:
Bates Real Estate, LLC
Listed By:
Caleb Bates
(214) 630-7077
Source:
Nilesrealtygroup
Added: Jul 30
Changed: Sep 4
Last Checked: Sep 5 at 6:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bates Real Estate, LLC
Investment Insights
Based on property information with market context.
This 22,500-square-foot flex property at 1101 S Hampton Rd in DeSoto, Texas, combines office and operational space with eight grade-level doors. The office component includes 5 private offices, a kitchen and breakroom, and upgraded LED lighting. The building offers 13'-16' clear height and heavy power supported by 8 separate electric meters.
Abundant off-street parking complements the property’s functional layout. The combination of private offices, grade-level access, clear height, and separately metered heavy power supports a range of commercial operations within a single flex-space asset.
Abundant off-street parking complements the property’s functional layout. The combination of private offices, grade-level access, clear height, and separately metered heavy power supports a range of commercial operations within a single flex-space asset.
Key Highlights
- 22,500 square feet of flex space at 1101 S Hampton Rd, DeSoto, TX 75115
- Eight (8) grade level doors
- 13'- 16' clear height
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
Office B
$4.56M
$3.99M – $5.32M
NOI $318,938 @ 7.0% cap · market cap 16.11%
Second Best
Warehouse
$2.02M
$1.77M – $2.36M
NOI $141,629 @ 7.0% cap · market cap 7.15%
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
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 Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial space combines private offices, heavy power, and abundant off-street parking.
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: 22,500 square feet of flex space at 1101 S Hampton Rd, DeSoto, TX 75115; Eight (8) grade level doors; 13'- 16' clear height
