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Hard Corner Development Opportunity 1915 N Hampton Rd
2,117 SF Retail Building DeSoto, TX 75115 $1,150,000 USD ($543 USD/SF)
Investment Highlights
- Gas Station Redevlopment & Retail Site
- Signalized, hard corner development/redevelopment opportunity along high traffic road
- No current fuel contract or restrictions within a 3/4 mile radius
- Total 1.47 Acres Land
- Densely populated industrial work force drives need for additional retail in immediate area
- Adjacent to an operating Mobil 1 Lube Express for potential tenant synergy
Executive Summary
o Signalized hard corner development/redevelopment opportunity located at NWC N Hampton Rd & W Centre Park Blvd
o Opportunity to expand the footprint of the former gas station, develop on neighboring parcel, and/or redevelop entire property
o 1915 N Hampton Rd Includes a 2,117 SF free-standing building (former gas station) and a detached car wash; Underground storage tanks removed in 2004; Car wash has no existing equipment; Clean Phase I
o 115 E Centre Park Blvd Offering: 0.81 AC for additional development
o Directly adjacent to 450k SF of brand-new Class-A industrial space
o Less than 1.25 miles from I-20 & 2 miles from I-35E
o No restrictions, fuel contract, or any other gas stations located within a ¾ mile radius
o Opportunity to expand the footprint of the former gas station, develop on neighboring parcel, and/or redevelop entire property
o 1915 N Hampton Rd Includes a 2,117 SF free-standing building (former gas station) and a detached car wash; Underground storage tanks removed in 2004; Car wash has no existing equipment; Clean Phase I
o 115 E Centre Park Blvd Offering: 0.81 AC for additional development
o Directly adjacent to 450k SF of brand-new Class-A industrial space
o Less than 1.25 miles from I-20 & 2 miles from I-35E
o No restrictions, fuel contract, or any other gas stations located within a ¾ mile radius
Property Facts
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
2,117 SF
Building Class
B
Year Built
1988
Price
$1,150,000 USD
Price Per SF
$543 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.66 AC
Zoning
GR - (GR) General Retail
Parking
10 Spaces (4.72 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 20073080010010000 | Improvements Assessment | $55,600 USD |
Land Assessment | $144,400 USD | Total Assessment | $200,000 USD |
PROPERTY TAXES
Parcel Number
20073080010010000
Land Assessment
$144,400 USD
Improvements Assessment
$55,600 USD
Total Assessment
$200,000 USD
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Hard Corner Development Opportunity | 1915 N Hampton Rd
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