Redevelopment Opportunity in
122 S Hampton Road Desoto, TX 75115
For Sale
$569,000
1,216 SF QSR building in Hampton Road Redevelopment Corridor.
Property Size1,216 SF
Price / SF$467.93
Days on Market95
Property Features for 122 S Hampton Road
General Information
- Standard status
- Active
- Size
- 1,216 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1975
Listing Agency:
Franchise Real Estate Group
(800) 883-2571
Listed By:
Mike Jones · License #0339614
(800) 883-2571
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 24 at 5:49PM
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 Franchise Real Estate Group
Investment Insights
Based on property information with market context.
This 1,216 SF standalone QSR building is situated in the Hampton Road Redevelopment Corridor of DeSoto, an area designated for revitalization and enhanced development standards. The location benefits from high visibility and strong traffic counts, and it is near I-35E. Under the city's Urban Center zoning, the site presents redevelopment potential, including mixed-use commercial, multi-tenant retail, or modern restaurant concepts. The property is suitable for both end-users and developers. The seller will include the FF&E in the sale. The current owner is operating a business at this location.
Key Highlights
- Located in DeSoto's Hampton Road Redevelopment Corridor, targeted for revitalization.
- Strong redevelopment potential under the city's new Urban Center zoning framework.
- High visibility and strong traffic counts.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.4k | $24.96 |
| − Vacancy | −$1.4k | −$1.12 |
| EGI | $29.0k | $23.84 |
| − OpEx | −$7.2k | −$5.96 |
| NOI | $21.7k | $17.88 |
1,216 SF · lease $24.96/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$310.6K
$271.7K – $362.3K
NOI $21,739 @ 7.0% cap · market cap 3.82%
Second Best
Retail
$288.3K
$252.3K – $336.4K
NOI $20,184 @ 7.0% cap · market cap 3.55%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bulleez fish and wing ...
Restaurant
Bulleez Fish & Wings ...
Restaurant
Smok N Bone ...
Mobile Caterer
FAQs
What type of property is this?
Restaurant - 1,216 SF QSR building in Hampton Road Redevelopment Corridor.
Where is this 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: Located in DeSoto's Hampton Road Redevelopment Corridor, targeted for revitalization.; Strong redevelopment potential under the city's new Urban Center zoning framework.; High visibility and strong traffic counts.
