1239 Hampton RdDeSoto, TX 75115

Property Details for 1239 Hampton Rd

Year built

1972

Construction

FRAME

Lot size

0.21 AC

Property size (Sq ft)

2,220 SF

Property type

Retail space

APN

200149200A0010000

APU

200149200A0010000

Description

This exceptional 2,752 square foot retail property, situated on a 0.24-acre lot at 1239 Hampton in DeSoto, Texas, presents a compelling investment opportunity. Priced competitively at $325,000, this property is ideally suited for a variety of commercial ventures. The current zoning allows for flexibility, with the city demonstrating a willingness to consider zoning changes upon request. This makes it an attractive option for entrepreneurs with diverse business plans. In fact, preliminary plans for a tire shop are already underway and can be transferred to the new owner if desired. The property's size and location offer significant potential for growth and profitability. Prospective buyers are encouraged to independently verify all information, including but not limited to square footage, zoning regulations, and MLS data, to ensure it aligns with their specific business needs and requirements. This is a rare chance to acquire a well-positioned commercial property in a thriving Texas market at an attractive price point. Don't miss this opportunity to establish your business in a dynamic and supportive community. Act quickly to secure this promising investment.

• CAP approach

  CAP return

  Valuation

  6%

  $556,585

  6.5%

  $513,770

  7%

  $477,073

• Comparable approach

  Method

  Valuation

  Relative Method

  $610,437

  Geo Method

  $1,674,907

• Alternative Use

  Use

  Valuation

  Residential

  $433,385

  Hospitality

  $396,978

  Educational

  $330,281

  Medical

  $341,640

  Retail

  $513,770

Location Insight

City

Desoto

County

Dallas

State

Texas

Latitude

32.5707

Longitude

-96.8572

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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