Historic District Mixed-Use
For Sale
$399,999
528 S Coppell Road, Coppell, TX 75019
Updated finishes, a full privacy fence, and front parking support residential or commercial use.
Property Size1,000 SF
Days on Market59
Property Features for 528 S Coppell Road
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Business
Taxes and HOA fees
Annual Taxes
$4,582
Building Details
Building Size
1,000 SF
Year Built
1949
Listing Agency:
The Michael Group Real Estate
Listed By:
Michael Hedtke · License #0485472
(817) 577-9000
Source:
Nilesrealtygroup
Added: Aug 10
Changed: Oct 3
Last Checked: Oct 5 at 8:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Michael Group Real Estate
Investment Insights
Based on property information with market context.
Built in 1949, this mixed-use property combines a residential layout with an office area incorporated into the primary bedroom. Interior improvements include ceramic surfaces, granite, and hardwood flooring, creating an updated finish package throughout the home.
The property is located in Coppell’s Historic District and includes a privacy fence enclosing the entire site. Front parking provides additional space for guests or clients, supporting the property’s stated residential or commercial flexibility.
The property is located in Coppell’s Historic District and includes a privacy fence enclosing the entire site. Front parking provides additional space for guests or clients, supporting the property’s stated residential or commercial flexibility.
Key Highlights
- Located in Coppell’s Historic District
- Residential or commercial use supported by the property configuration
- Office area incorporated into the primary bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,620
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$312,400
$312.4K
Cap Rate 7%
$223,143
$223.1K
Cap Rate 9%
$173,556
$173.6K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$32.0K $32.04/SF
− Vacancy
−$7.0K −$7.05/SF
EGI
$25.0K $24.99/SF
− OpEx
−$9.4K −$9.37/SF
NOI
$15.6K $15.62/SF
Area
Dallas County, TX
Vacancy
22.00%
Lease Rate
$32.04 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$312,400
Cap Rate 7%
$223,143
Cap Rate 9%
$173,556
Alternative Uses
Best Use
Mixed Use
$223.1K
$195.3K – $260.3K
NOI $15,620 @ 7.0% cap · market cap 3.91%
Second Best
Office B
$202.5K
$177.2K – $236.3K
NOI $14,175 @ 7.0% cap · market cap 3.54%
Theoretical Best
Multifamily LT 5
$11.99M
$10.49M – $13.98M
NOI $839,065 @ 7.0% cap · market cap 209.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
481
Businesses Nearby
Explore this area
Business Placement
Demographics for 75019, TX
44,897
Population
17,455
Households
2.6
Avg Household Size
39
Median Age
68%
College-Educated
97%
High-School Grad
17.2 sq mi
ZIP Area
2,610
Density / Sq Mi
$134,174
Median Household Income
$81,541
Median Earnings
$1,817
Median Rent
$525,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Updated finishes, a full privacy fence, and front parking support residential or commercial use.
Where is this mixed-use property located?
The property is located at 528 S Coppell Road Coppell, TX.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Located in Coppell’s Historic District; Residential or commercial use supported by the property configuration; Office area incorporated into the primary bedroom
