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Property profile & analytics
OFF-MARKET
Estimated value
$4,690,000
Office buildings
2010 Hampton Rd Desoto, TX 75115-0201
Entity Owned
3-yr Hold
Free & Clear
Property ID
US82-1407852
Property summary
AI-generated overview
This exceptional 23,340 square foot retail center in DeSoto, Texas, boasts a 7.00% cap rate and 100% occupancy across five tenants. Located on a 5.33-acre lot at 2010 N Hampton Rd, 75115, this single-story, 2007-built property offers significant upside potential. The property features impressive architecture, including a monument sign and eight drive-thru lanes for the Plains Capital Bank anchor tenant, along with two outdoor courtyards and excellent road visibility. Current tenants include a mix of established businesses, showcasing the strength of the location. Effective rents average $13.69 per square foot, well below market rates, with built-in annual rent escalations for all tenants. The asking price is $4,565,000 ($195.59 per square foot), significantly below replacement costs. A unique opportunity exists to develop an additional +/- 0.60-acre pad site by relocating the existing ATM. Recent tenant expansions demonstrate strong market demand. The property's proximity to major retailers and the Shops at RedBird mixed-use redevelopment further enhances its value and potential for future growth. This is a stabilized investment opportunity with substantial upside potential in a thriving Dallas-area submarket.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
TILT-UP CONCRETE
Total area
23,420 SF
Lot
5.33 ac (232,305 SF)
Zoning code
Z111
APN
200309000103A0000
UPID
US82-1407852
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
-
Lakedra Smith Realtor Real Estate Agency
-
Gwendolyn E. Hunt, Attorney at Law Law Firm Accounting Firm
-
PlainsCapital Bank ITM Bank Credit Union
-
Julius Sternes /REALTOR /DFW BROKER Real Estate Agency
-
PeltonSykesTeam Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.45M
Comparable Approach
Comparable
$3.94M
Blend (final)
Blend
$4.69M
Owner & transaction history
Net Cf Hampton LLC · 3 yrs held
Net Cf Hampton LLC
since 2022
3 recorded transactions
Zoning & alternative use
Z111 · Desoto, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.3M
+22.0%
Restaurant
$3.0M
+9.9%
Medical building
$2.9M
+4.0%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$5,900,000
6.5%
$5,450,000
7%
$5,060,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,345,000
Change: +22% · Conversion: Easy
RESTAURANT
$3,015,000
Change: +10% · Conversion: Moderate
MEDICAL BUILDING
$2,850,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$4.69M
Range $4.22M – $5.16M · ±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
$200 / 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
$95,490
Tax year 2023
Assessed value
$4,255,000
Assessed 2023
Previous assessed
$4,255,000
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$696,960
Assessed improvement
$3,558,040
Land market value
$696,960
Improvement market value
$3,558,040
Total market value
$4,255,000
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
Off-Market
Year built
2007
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
23,420 SF
Lot
5.33 ac (232,305 SF)
Zoning code
Z111
APN
200309000103A0000
UPID
US82-1407852
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z111 · Desoto, TXZoning Z111 · permitted uses
Z111 · Desoto, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$3.3M
RESTAURANT
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$2.9M
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
5.33 ac
Current owner
From public records · entity-resolved
Net Cf Hampton LLC
Entity
Free & Clear · 3 yrs held
Mailing address
5720 LYNDON B JOHNSON FWY STE #180, DALLAS, TX 75240-6386
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2022
—
Net Cf Hampton LLC
Plainscapital Bank
Venders Lien
—
Mar 26, 2014
—
Plainscapital Bk
First Natl Bk Edinburg Texas
Grant Deed
—
Jun 14, 2005
—
First National Bank
Hamrd
Warranty 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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