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Updated Medical Office Condo

2727 Bolton Boone Dr, Desoto, TX

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For Sale

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2,688 SF medical office near Charlton Methodist Hospital.

Type:OFFICE

Property size:

2,688 SF

Lot size:

1.92 Acres

Price / SF:

$235/SF

Contact for Pricing

Please call us for current price
and status of this listing

Sarah Mitchell

HighLights

Located directly across from Charlton Methodist Hospital.
Recently updated with paint and luxury vinyl tile flooring.
Features 5 offices, 5 exam rooms, patient intake, and 3 restrooms.
Ample wrap‑around parking and several entrances.
Condo association handles common area maintenance.
Located in Williamsburg Medical Community Association.

Learn more

For Sale

Contact for pricing

2,688 SF medical office near Charlton Methodist Hospital.

Type:OFFICE

Property size:

2,688 SF

Lot size:

1.92 Acres

Price / SF:

$235/SF

Added:: Jan 28, 2025
Days on Market:: 499
Last Refresh:: May 19 at 10:43 pm

Property Features for 2727 Bolton Boone Dr

General Information

Standard status: Active
Size: 2,688 SF
Lot size: 1.92 Acres
Property subtype: OFFICE

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Listing Contact

Sarah Mitchell

Listing agent Sarah Mitchell

Listing office Mote & Associates Commercial Real Estate

Listing date Jan 28, 2025

Source Moodyscre

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 Mote & Associates Commercial Real Estate

HighLights

Located directly across from Charlton Methodist Hospital.
Recently updated with paint and luxury vinyl tile flooring.
Features 5 offices, 5 exam rooms, patient intake, and 3 restrooms.
Ample wrap‑around parking and several entrances.
Condo association handles common area maintenance.
Located in Williamsburg Medical Community Association.

Overview

This +/-2,688 SF medical office condo, constructed in 1984, features recent updates including paint and luxury vinyl tile flooring. The office space includes a reception area, business office, five offices, five exam rooms, patient intake area, three restrooms, a file room, break room, and storage and IT closet. Situated in the Williamsburg Medical Community Association at the corner of Bolton Boone and York Drive, it is located directly across from Charlton Methodist Hospital. A bus stop is conveniently located at the corner of Bolton Boone Dr. and Wheatland Rd. The condo association manages common area maintenance. The zoning permits only medical users; retail or general office users are not allowed. The exterior provides ample wrap-around parking and multiple entrances.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$70.0k	$26.04
− Vacancy	−$6.3k	−$2.34
EGI	$63.7k	$23.70
− OpEx	−$25.5k	−$9.48
NOI	$38.2k	$14.22

2,688 SF · lease $26.04/SF/yr · vacancy 9.00% · expense 40.00%

Alternative Uses

Best Use

Healthcare Medical

$546.0K

$477.7K – $637.0K (±1% cap)

NOI $38,218 @ 7.0% cap · market cap 6.05%

Second Best

Office B

$544.3K

$476.3K – $635.0K (±1% cap)

NOI $38,102 @ 7.0% cap · market cap 6.03%

Theoretical Best

Multifamily LT 5

$32.22M

$28.19M – $37.59M (±1% cap)

NOI $2,255,408 @ 7.0% cap · market cap 357.05%

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

Location Intelligence

Current Use by Public Records

PRSM Medic Hospital Robert D Stringfellow ... Dental Office Dr. Frank Dean Physician Noble Cosmetic Surgery: ... Physician Specialty Clinics: Ariyo ... Physician

Suggested Use

Location Insight

Map
Local Demand

City: Desoto
County: Dallas
State: Texas
Longitude: -96.8791
Latitude: 32.6451

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For sale
Medical Office Space
TX
Desoto
2727 Bolton Boone Dr

What type of property is this?

Medical Office Space - 2,688 SF medical office near Charlton Methodist Hospital.

Where is this medical office space located?

The property is located at 2727 Bolton Boone Dr Desoto, TX.

What is the asking price?

The asking price for this property is $631,680.

What are key features of this property?

This property features: Located directly across from Charlton Methodist Hospital.; Recently updated with paint and luxury vinyl tile flooring.; Features 5 offices, 5 exam rooms, patient intake, and 3 restrooms.

2727 Bolton Boone Dr, Desoto, TX

2,688 SF medical office near Charlton Methodist Hospital.

Property Features for 2727 Bolton Boone Dr

General Information

We can help!

HighLights

Overview

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Medical Office and Service Building

Retail Building with Rear Storage

Flex Warehouse with Office Space

Office Building with Full Kitchen

One-Story Daycare to Retail Conversion

Office Building with Multiple Suites

Standalone Office Building with Yard

Freestanding Restaurant Building with Visibility

Flex Office Warehouse with Grade-Level Doors

Standalone QSR Restaurant Building

Fully Occupied DeSoto Retail Center

DeSoto Office Space Available

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