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Property profile & analytics
FOR LEASE
Office buildings
1510 N Hampton Rd Desoto, TX 75115
Individually Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-0321545
For Lease
1 / 3
Contact for pricing
1510 N Hampton Rd, Desoto, TX 75115
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Property summary
AI-generated overview
This Class A, three-story office building, located at 1510 N Hampton Rd, DeSoto, TX 75115, offers 37,435 square feet of versatile space. Suitable for executive, medical, or traditional office uses, the building features 17 suites ranging from 2,359 to 6,300 contiguous square feet. Built in 1984, City Center boasts recent upgrades including a new digital tenant directory, updated video camera system, and Bluetooth access. The building is conveniently situated near Interstates 20 and 35E, providing easy access. Ample parking is available with 161 spaces, and a single hydraulic elevator services all three floors. Utilities and light housekeeping are included in the gross rent. The property is zoned GR - General Retail and offers a potential for tenant incentives. This exceptional location presents a unique opportunity for businesses seeking a well-maintained, amenity-rich office environment in DeSoto, Texas.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Construction
TILT-UP CONCRETE
Total area
44,754 SF
Lot
2.38 ac (103,542 SF)
Zoning code
Z97
APN
200314500009C0000
UPID
US82-0321545
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Davis Lanes, LLC. Freight Service Logistics Company
-
Bert Maxwell: Allstate Insurance Insurance Agency
-
Aleph Counseling Services Counselor
-
Attorney General Of Texas State Government Office
-
Beautiful Solutions For You Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.24M
Blend (final)
Blend
$1.64M
Owner & transaction history
Beverly Myers Family · 21 yrs held
Beverly Myers Family
since 2005
1 recorded transaction
Zoning & alternative use
Z97 · Desoto, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Desoto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Desoto submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$1,025,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.64M
Range $1.47M – $1.80M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$37 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$50,427
Tax year 2023
Assessed value
$2,247,000
Assessed 2023
Previous assessed
$2,247,000
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$414,170
Assessed improvement
$1,832,830
Land market value
$414,170
Improvement market value
$1,832,830
Total market value
$2,247,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1984
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Total area
44,754 SF
Lot
2.38 ac (103,542 SF)
Zoning code
Z97
APN
200314500009C0000
UPID
US82-0321545
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z97 · Desoto, TXZoning Z97 · permitted uses
Z97 · Desoto, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1984
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
3
Lot
2.38 ac
Current owner
From public records · entity-resolved
Beverly Myers Family
Individual
Free & Clear · 21 yrs held
Mailing address
PO BOX 140795, DALLAS, TX 75214-0795
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2005
—
Beverly Myers Family
Myers Edward W & B J Trust
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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