Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Coppell Logistics Park Lease Opportunity Title is generated by Realmo AI

    500 W State Highway 121, Coppell, TX 75019

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial and warehouse spaces available near major highways and DFW Airport.

    Type:Industrial
    Property size:
    257,600 SF
    Added:
    Nov 26, 2025
    Days on Market:
    177
    Last Refresh:
    Apr 5 at 9:23 pm

    Property Features for 500 W State Highway 121

    General Information

    Standard status
    Active
    Size
    257,600 SF
    Property subtype
    Industrial

    Spaces For Lease

    at 500 W State Highway 121 Contact us

    We can help!

    Listing Contact
    Adam Graham, SIOR, CCIM
    Adam Graham, SIOR, CCIM

    Listing agent Adam Graham, SIOR, CCIM License #738954

    Listing office Lee & Associates - Dallas/Fort Worth

    Listing date Nov 26, 2025

    Source Lee-associates

    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 Lee & Associates - Dallas/Fort Worth

    HighLights

    • Immediate access to Hwy 121
    • Strategic location: 5 minutes to DFW International Airport and close proximity to multiple major highways (I‑635, Hwy 114, I‑35)
    • High capacity: Two buildings with a total of 339,289 SF available for lease (40,000‑257,000 SF)
    • Advanced logistics features: 36' Clear Height, 185' Truck Court, and ample dock doors (49) and levelers (16)
    • Ample parking: 175 Car Parks and 69 Trailer Parks
    • Located in Coppell, TX: Ranked among the best places to live and relocate in America

    Overview

    Available for lease are spaces within 121 Logistics Park, ranging from 40,000 to 257,000 square feet. The park consists of two buildings, totaling 339,120 square feet. Building 1 offers 257,600 square feet, including 3,470 square feet of office space. The property features a 36' clear height, a 185' truck court, 49 dock doors (9' x 10'), and 2 ramps (12' x 14'). It is equipped with 16 dock levelers (40,000 LB pit levelers), 175 car parking spaces, and 69 trailer parking spaces. The configuration is front park/rear load. The location provides immediate access to Hwy 121 and is approximately 4 minutes (3.7 miles) from I-635, 5 minutes (5.2 miles) from Hwy 114, 6 minutes (4 miles) from I-35, and 5 minutes (5.1 miles) from DFW International Airport. The property is located in Coppell, which ranks highly as a place to live and relocate.
    Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Life Storage — 2710 Denton Tap Rd, Lewisville, TX 75067
    • UNITS of Northwest DFW Warehouse — 301 W Vista Ridge Mall Dr Ste 300, Lewisville, TX 75067
    • Chowrastha — 121 tx-121, coppell, tx 75019

    Location Insight

    • Map
    • Local Demand
    City
    Coppell
    County
    Dallas
    State
    Texas
    Longitude
    -96.9974
    Latitude
    32.9891

    Nearby Similar for Lease

    • $4,700/Mo

      Retail Space in Historic Coppell

      Versatile space in a prime location for office, retail, showroom.
      569 S Coppell Road, Coppell, TX 75019
      View Details
    • $10,500/Mo

      Daycare Ready Commercial Property

      Fully equipped daycare facility for rent in Coppell, Texas.
      130 S Moore Road, Coppell, TX 75019
      View Details
    • $1,600/Mo

      Retail Space in Coppell, TX

      Retail space available for lease in Coppell, Texas.
      780 S MacArthur Boulevard, Coppell, TX 75019
      View Details
    • $30 SF/Yr
      10,000 SF

      Coppell Office Space with Amenities

      Office space with lakeside trails, putting green, and nearby restaurants.
      2999 Olympus Boulevard, Coppell, TX, 75019
      View Details
    • $22 SF/Yr
      20,041 SF

      Class A Office Space Available

      Class A office suite with executive offices in Coppell, TX.
      735 Plaza Blvd, Coppell, TX 75019
      View Details
    • $22 SF/Yr

      Class A Office Suite Available

      Class A office suite for rent in Coppell, Texas.
      735 Plaza Blvd, Coppell, TX 75019
      View Details
    • Contact for pricing
      32,765 SF

      Coppell Warehouse with Office Space

      32,765 SF warehouse with 5,603 SF office space.
      101 Wrangler Drive, Coppell, TX, 75019
      View Details
    • $4,700/Mo

      Commercial Space on Coppell Road

      Commercial property available for lease on South Coppell Road.
      569 S Coppell Road B, Coppell, TX 75019
      View Details
    • Contact for pricing
      2,313 SF

      Retail Space in Coppell, TX

      Neighborhood shopping center with high visibility and frontage.
      171 N Denton Tap Rd, Coppell, TX
      View Details
    • Contact for pricing
      15,002 SF

      Coppell Retail Center Space

      Retail center in the heart of Coppell, Texas.
      130 N DENTON TAP RD, Coppell, TX 75019
      View Details
    • Contact for pricing
      15,894 SF

      Coppell Flex Space Sublease

      Flex space with high-end office and truck court.
      910 S Freeport Pkwy, Coppell, TX 75019-5180
      View Details
    • $18 SF/Yr
      802 SF

      Retail Space in Coppell, TX

      Retail space available for lease in Coppell, Texas.
      215 S Denton Tap Rd, Coppell, TX
      View Details

    FAQs

    What type of property is this?
    Warehouse - Industrial and warehouse spaces available near major highways and DFW Airport.
    Where is this warehouse located?
    The property is located at 500 W State Highway 121 Coppell, TX.
    What are key features of this property?
    This property features: Immediate access to Hwy 121; Strategic location: **5 minutes to DFW International Airport** and close proximity to multiple major highways (I‑635, Hwy 114, I‑35); High capacity: Two buildings with a total of **339,289 SF available for lease** (40,000‑257,000 SF)
    (972) 934-4011
    We can help!
    Listing Contact
    Adam Graham, SIOR, CCIM
    Adam Graham, SIOR, CCIM
    Real Estate License ID: 738954
    Learn More
    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.
    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
    500 W State Highway 121, Coppell, TX 75019
    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!