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    1541 Hampton Rd DeSoto, TX 75115

    For Sale
    $2,800,000

    10.99 Acres, Multi-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 10.99-acre commercial, industrial, and residential development site in DeSoto, Texas, presents a unique investment opportunity. Located at 1541 N. Hampton Rd, in Dallas County (zip code 75115), this property boasts a prime location with high visibility and accessibility. The land is comprised of four platted, contiguous sites offering frontage on Hampton Road, Embassy Park, and Corporate Drive. Hampton Road sees approximately 30,000 vehicles daily, and a median opening provides convenient site access. The land is level, clear of trees, and free from creeks or floodplains. Zoning includes GR and PD-142, allowing for diverse development options. The site's characteristics make it ideal for multi-family projects, particularly senior housing, given its location within a Qualified Census Tract (QCT) and the city's apparent receptiveness to such developments. Other potential uses include campus-style developments such as storage facilities, charter schools, flex spaces, or churches. The asking price is $2,800,000, with a land value of $5.85 per square foot. An additional 1.1984-acre parcel on Hampton Road is available for an extra $417,000. This property offers significant potential for substantial returns. Detailed maps and information are available upon request.

    Property Features for 1541 Hampton Rd

    General Information

    Property type
    Land
    Lot Size
    478,724 SF

    HighLights

    • 10.99‑acre commercial, industrial, & residential development site in DeSoto, TX (75115).
    • Prime location at 1541 N. Hampton Rd with high visibility and accessibility, offering frontage on three roads.
    • Four contiguous platted sites, level, clear, and free of floodplains.
    • GR and PD‑142 zoning allows diverse development options, including multi‑family (especially senior housing), storage, schools, flex space, or churches.
    • $2,800,000 asking price; $5.85/SF land value. Adjacent 1.1984‑acre parcel available for $417,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    DeSoto
    County
    Dallas
    State
    Texas
    Longitude
    -96.857005590439
    Latitude
    32.619814552308

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    FAQs

    What type of property is this?
    Land - 10.99 Acres, Multi-Use Potential
    Where is this land located?
    The property is located at 1541 Hampton Rd DeSoto, TX.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: 10.99-acre commercial, industrial, & residential development site in DeSoto, TX (75115).; Prime location at 1541 N. Hampton Rd with high visibility and accessibility, offering frontage on three roads.; Four contiguous platted sites, level, clear, and free of floodplains.
    Request Owner's contact information
    1541 Hampton Rd DeSoto, TX 75115
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    DeSoto, TX 75115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1541 Hampton Rd DeSoto, TX 75115
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