Customizable Live-Work Shell
For Sale
$965,000
560 E S Coppell Road E, Coppell, TX 75019
Shell-only live-work property with designated commercial area ready to be built out to a tenant’s or owner’s specifications.
Property Size3,000 SF
Price / SF$321.67
Days on Market59
Property Features for 560 E S Coppell Road E
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Office
Building Details
Building Size
3,000 SF
Year Built
2024
Listing Agency:
Keller Williams Realty-FM
(972) 874-1905
Listed By:
Chris Collins · License #0624108
Source:
Soldbywes
Added: Jun 25
Changed: Aug 21
Last Checked: Aug 21 at 10:13AM
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 live-work space is being offered as a shell only, providing an open starting point for a buyer to design and finish the interior. The property’s layout is flexible, with the ability to plan residential living and a dedicated commercial component to match the way you want to operate. The offering is described as customizable, with the option to work with an architect to develop a floor plan or bring in a design professional to execute the build-out.
The property is located in Old Town Coppell, near 560 E S Coppell Road E in Coppell, Texas 75019. The seller notes the building spans up to 3,000 square feet, including 600 to 1,300 square feet designated for commercial use. Access and frontage details are not provided in the information.
For owner-operators, this configuration can fit a wide range of live-and-work concepts that require both a place to operate professionally and space for daily living. Because the building is shell only, it can also be suited to buyers looking for a build-to-suit style interior, with commercial and residential areas planned together from the foundation up. Commercial use is identified within a defined portion of the building, while the remainder can be finished to support the residential component.
The property is located in Old Town Coppell, near 560 E S Coppell Road E in Coppell, Texas 75019. The seller notes the building spans up to 3,000 square feet, including 600 to 1,300 square feet designated for commercial use. Access and frontage details are not provided in the information.
For owner-operators, this configuration can fit a wide range of live-and-work concepts that require both a place to operate professionally and space for daily living. Because the building is shell only, it can also be suited to buyers looking for a build-to-suit style interior, with commercial and residential areas planned together from the foundation up. Commercial use is identified within a defined portion of the building, while the remainder can be finished to support the residential component.
Key Highlights
- Year built 2024 shell‑only live‑work space ready for build‑out
- Total space up to 3,000 sqft, with 600‑1,300 sqft designated for commercial use
- Design flexibility for a live‑work layout with customizable interior to tenant or owner specifications
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
NOI $46,859 @ 7.0% cap · market cap 4.86%
Second Best
Office B
$607.5K
$531.6K – $708.8K
NOI $42,525 @ 7.0% cap · market cap 4.41%
Theoretical Best
Multifamily LT 5
$35.96M
$31.46M – $41.95M
NOI $2,517,196 @ 7.0% cap · market cap 260.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
511
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Shell-only live-work property with designated commercial area ready to be built out to a tenant’s or owner’s specifications.
Where is this live-work space located?
The property is located at 560 E S Coppell Road E 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: Year built 2024 shell‑only live‑work space ready for build‑out; Total space up to 3,000 sqft, with 600‑1,300 sqft designated for commercial use; Design flexibility for a live‑work layout with customizable interior to tenant or owner specifications
