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Customizable Live-Work Space
For Sale
$965,000

560 Coppell Road, Coppell, TX 75019

Proposed new construction combining residential living with dedicated commercial space.

Property Size3,000 SF
Price / SF$321.67
Days on Market92

Property Features for 560 Coppell Road

General Information

Standard status Active
Size 3,000 SF
Property subtype Office

Amenities

3
.108
Sidewalks. Curbs Walk, Clear lot.

Building Details

Year Built 2024
Buildings 1
Listing Agency: Keller Williams Realty-FM
Listed By: Chris Collins · License #0624108
Source: Xome
Added: Jun 3 Changed: Sep 2 Last Checked: Sep 1 at 5:38PM

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 Keller Williams Realty-FM

Investment Insights

Based on property information with market context.

This proposed live-work property is planned as new construction with a total footprint of up to 3,000 square feet. The design allocates approximately 600 to 1,300 square feet for commercial use, while the remaining space can support residential living. Interior planning may be developed with one of the project’s architects or with a design professional selected by the purchaser.

The property is located at 560 A S Coppell Road A in Old Town Coppell, Texas. Its combined residential and commercial format provides a purpose-built setting for an owner seeking living space and an integrated workplace within the same building.

Key Highlights

  • Proposed new construction with up to 3,000 square feet
  • Commercial component planned at approximately 600–1,300 square feet
  • Combined residential and workspace configuration

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,859
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.86%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$937,180 $937.2K
Cap Rate 7%
$669,414 $669.4K
Cap Rate 9%
$520,656 $520.7K
Market Conditions
NOI Build-Up for 3,000 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$96.1K $32.04/SF
− Vacancy
−$21.1K −$7.05/SF
EGI
$75.0K $24.99/SF
− OpEx
−$28.1K −$9.37/SF
NOI
$46.9K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$937,180
Cap Rate 7%
$669,414
Cap Rate 9%
$520,656

Alternative Uses

Best Use
Mixed Use
$669.4K
$585.7K – $781.0K (±1% cap)
NOI $46,859 @ 7.0% cap · market cap 4.86%
Second Best
Office B
$607.5K
$531.6K – $708.8K (±1% cap)
NOI $42,525 @ 7.0% cap · market cap 4.41%
Theoretical Best
Multifamily LT 5
$35.96M
$31.46M – $41.95M (±1% cap)
NOI $2,517,196 @ 7.0% cap · market cap 260.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Law Firm Parking Lot & Garage Nail Salon Grocery & Convenience Store Hair Salon Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

511
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Proposed new construction combining residential living with dedicated commercial space.
Where is this live-work space located?
The property is located at 560 Coppell Road Coppell, TX.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: Proposed new construction with up to 3,000 square feet; Commercial component planned at approximately 600–1,300 square feet; Combined residential and workspace configuration
More about this property
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