1541 Hampton Rd Desoto, TX 75115-2301
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Z97 · Desoto, TXDesoto. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.