Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2611 Bolton Boone Dr Desoto, TX 75115-2011
    Back to Search
    Property profile & analytics

    2611 Bolton Boone Dr Desoto, TX 75115-2011

    View on Map
    • Medical Office Space
    • 3,638 SF
    • 0.35 lot acres
    Off-Market
    Property ID
    US83-0924411
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Infinity Foot & Ankle - DeSoto / Physician
    • Parul Patel / Physician
    • Sadaf Assani / Physician

    Property Details for 2611 Bolton Boone Dr

    Year built
    1996
    Construction
    FRAME
    Lot size
    0.35 lot acres
    Property size
    3,638 SF
    Zone code
    Z206
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    201125800Q0C50000
    APU
    201125800Q0C50000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Desoto
    County
    Dallas
    State
    Texas
    Longitude
    -96.8788
    Latitude
    32.6429
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,306
    $107,760
    $510,700
    $618,460
    -
    $107,760
    $510,700
    $618,460

    Comparable in this City

    • Value Estimation
      $755,000
      5,068 SF

      412 Pleasant Run Rd

      MEDICAL BUILDING • 5,068 SF
      412 Pleasant Run Rd, Desoto, TX 75115-3936
      View Details
    • Value Estimation
      $730,000
      4,851 SF

      947 Scotland Dr

      MEDICAL BUILDING • 4,851 SF
      947 Scotland Dr, Desoto, TX 75115-2090
      View Details
    • Value Estimation by Request
      836 SF

      2727 Bolton Boone Dr, Unit J110

      MEDICAL BUILDING • 836 SF
      2727 Bolton Boone Dr, Desoto, TX 75115-2019
      View Details
    • Value Estimation by Request
      1,696 SF

      1117 Pleasant Run Rd, Unit A

      MEDICAL BUILDING • 1,696 SF
      1117 Pleasant Run Rd, Desoto, TX 75115-4201
      View Details
    • Value Estimation by Request
      1,210 SF

      2727 Bolton Boone Dr, Unit H108

      MEDICAL BUILDING • 1,210 SF
      2727 Bolton Boone Dr, Desoto, TX 75115-2019
      View Details
    • Value Estimation by Request
      2,354 SF

      2727 Bolton Boone Dr, Unit I109

      MEDICAL BUILDING • 2,354 SF
      2727 Bolton Boone Dr, Desoto, TX 75115-2019
      View Details

    Similar Nearby for Sale

    • $1,500,000
      1,960 SF

      DeSoto Office on Two Acres

      1,960 SF office on 2 acres in DeSoto, TX.
      718 N Hampton Rd, Desoto, TX 75115
      View Details
    • $525,000
      2,432 SF

      DeSoto Commercial Property For Sale

      Versatile commercial building ideal for office, medical, or retail use.
      701 N Hampton Rd, Desoto, TX 75115
      View Details
    • $631,680
      2,688 SF

      Updated Medical Office Condo

      2,688 SF medical office near Charlton Methodist Hospital.
      2727 Bolton Boone Dr, Desoto, TX 75115
      View Details
    • $3,295,000
      1.53 Acres

      DeSoto Flex Space Opportunity

      Flex space ideal for investors or owner-occupants. 100% occupied.
      400 E Centre Park Blvd, Desoto, TX 75115
      View Details
    • $485,000
      10,800 SF

      Executive Way Office Building

      DeSoto Office Space - Renovation Opportunity
      123 Executive Way, DeSoto, TX 75115
      View Details
    • Contact for pricing
      20,000 SF

      DeSoto Flex/Industrial/Office Property For Sale

      20,000 SF flex, industrial, and office property in DeSoto, TX.
      1301 E Parkerville Rd, Desoto, TX 75115
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Former Big Lots Retail Space

      Retail, office, medical, and restaurant space in Locke Supply center.
      719 N Hampton Rd, Desoto, TX 75115
      View Details
    • Contact for pricing
      19,018 SF

      Retail and Medical Space Available

      Newly constructed retail space ideal for various business concepts.
      1314 W Wintergreen Rd, Desoto, TX 75115
      View Details
    • Contact for pricing

      DeSoto Multi-Office Suite For Rent

      Multi-office suite in DeSoto, suitable for administrative businesses.
      215 Dalton Dr, Desoto, TX 75115
      View Details
    • Contact for pricing
      989 SF

      Hampton Road Retail/Office Space

      One-story brick retail/office center on Hampton Road.
      712 N Hampton Rd, Desoto, TX 75115
      View Details
    • Contact for pricing

      DeSoto Office Building For Rent

      68,000+ sq ft office building with on-site amenities.
      1801 N Hampton Rd, Desoto, TX 75115
      View Details
    • Contact for pricing
      2,048 SF

      DeSoto Office Space For Rent

      Office space available for lease in DeSoto, Texas.
      1229 E Pleasant Run Rd, Desoto, TX 75115
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2611 Bolton Boone Dr
    Desoto, TX 75115-2011
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2611 Bolton Boone Dr, Desoto, TX, 75115
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!