Medical and Office Conversion
701 N Hampton Road Desoto, TX 75115
New
701 N Hampton Road, Desoto, TX, 75115
$525,000
For Sale
$525,000
2,432 SF building on a 14,985 SF lot, currently used as a dental office with ample parking.
Property Size2,432 SF
Lot Size0.34 Acres
Price / SF$215.87
Days on Market2
Property Features for 701 N Hampton Road
General Information
- Standard status
- Active
- Size
- 2,432 SF
- Lot size
- 0.34 Acres
- Property subtype
- Business
Building Details
- Year Built
- 1973
Listing Agency
eXp Realty, LLC
Listed by
Benaisha Poole-Watson
Source
Nilesrealtygroup
Added: Jul 15 Checked: Jul 16 at 2:00 am
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
This property includes a 2,432 SF building on a 14,985 SF lot (per public records). The space is currently occupied as a dental office, and it also presents conversion flexibility for medical, professional service, or retail use.
Located at 701 N Hampton Road in DeSoto, the building is described as having visibility and signage opportunities. The offering notes ample parking and that all utilities are available, with the property indicated as not lying within a PID or MUD district.
The site is presented for sale as a versatile commercial building suitable for office, medical, or service operations, with its existing use and infrastructure supporting straightforward continued occupancy or reconfiguration.
Located at 701 N Hampton Road in DeSoto, the building is described as having visibility and signage opportunities. The offering notes ample parking and that all utilities are available, with the property indicated as not lying within a PID or MUD district.
The site is presented for sale as a versatile commercial building suitable for office, medical, or service operations, with its existing use and infrastructure supporting straightforward continued occupancy or reconfiguration.
Key Highlights
- 2,432 SF building on a 14,985 SF lot at 701 N Hampton Road, DeSoto, TX (per public records).
- Currently used as a dental office; previously occupied by a financial institution, offering flexible commercial use.
- Previously a financial institution and currently dental office—suitable for medical office, professional services, or retail conversion.
Local Financial Insights For 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 | $60.7k | $24.96 |
| − Vacancy | −$3.0k | −$1.25 |
| EGI | $57.7k | $23.71 |
| − OpEx | −$17.3k | −$7.11 |
| NOI | $40.4k | $16.60 |
2,432 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$576.7K
$504.6K – $672.8K
NOI $40,367 @ 7.0% cap · market cap 7.69%
Second Best
Healthcare Medical
$494.0K
$432.2K – $576.3K
NOI $34,578 @ 7.0% cap · market cap 6.59%
Theoretical Best
Multifamily LT 5
$29.15M
$25.51M – $34.01M
NOI $2,040,607 @ 7.0% cap · market cap 388.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Professional Orthodontic Associates
Dental Office
Desoto Orthodontics
Medical Clinic
Andrea Burke
Dental Office
DeSoto Happy Teeth ...
Dental Office
Similar For Sale Nearby
Similar Off Market Nearby
- Willow Brook Animal Hospital — 710 N Hampton Rd, DeSoto, TX 75115
- Better Pet Vet Clinic A — 301 Meadowcreek Dr, DeSoto, TX 75115
- Desoto Animal Hospital — 201 N Lyndalyn Ave, DeSoto, TX 75115
FAQs
What type of property is this?
Medical Office Space - 2,432 SF building on a 14,985 SF lot, currently used as a dental office with ample parking.
Where is this medical office space located?
The property is located at 701 N Hampton Road Desoto, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2,432 SF building on a 14,985 SF lot at 701 N Hampton Road, DeSoto, TX (per public records).; Currently used as a dental office; previously occupied by a financial institution, offering flexible commercial use.; Previously a financial institution and currently dental office—suitable for medical office, professional services, or retail conversion.
