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Property profile & analytics
OFF-MARKET
Strip malls
208 Hampton Rd Desoto, TX 75115-4969
Individually Owned
24-yr Hold
Free & Clear
Property ID
US82-1996462
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1967
Construction
TILT-UP CONCRETE
Total area
4,000 SF
Lot
0.48 ac (21,000 SF)
Zoning code
Z97
APN
65120723010080000
UPID
US82-1996462
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
-
UPS Access Point location Courier Service Postal Service
-
The Only Way 2 Go Catfish Restaurant
-
Big Al's Cellular Repair 😃 Computer & Electronic Repair Tech Support Center
-
Hardy Sliding Doors & More General Contractor Renovation Specialist
-
The DeSoto Carpet Cleaning Carpet Cleaning Service Cleaners
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hong Thong · 24 yrs held
Hong Thong
since 2001
3 recorded transactions
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,788
Tax year 2023
Assessed value
$425,000
Assessed 2023
Previous assessed
$425,000
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$84,000
Assessed improvement
$341,000
Land market value
$84,000
Improvement market value
$341,000
Total market value
$425,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1967
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,000 SF
Lot
0.48 ac (21,000 SF)
Zoning code
Z97
APN
65120723010080000
UPID
US82-1996462
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z97 · Desoto, TX
Zoning Z97 · permitted uses
Z97 · Desoto, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Desoto. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Hong Thong
Individual
Free & Clear · 24 yrs held
Mailing address
835 BROADHEAD RD, WAXAHACHIE, TX 75165-2003
Ownership since
2001
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
Nov 10, 2020
—
Alvin N Ware
—
Deed
related
$144,647 · Pinnacle Bk
Oct 9, 2001
—
Hong Thong
Beltline-josey LLC
Grant Deed
related
—
Jun 3, 1999
—
Beltine-josey LLC
Lanprop INC
Grant Deed
$140,000 · Bank Of Texas NA
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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