Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Strip malls
240 Denton Tap Rd Coppell, TX 75019-2905
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-3071988
Property summary
AI-generated overview
The Village at Town Center, located at 240 Denton Tap Road in Coppell, Texas (zip code 75019), offers an exceptional retail opportunity. This neighborhood shopping center boasts a total of 4,609 square feet, currently fully vacant and available for lease. The property features two suites, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 3,109 square feet. Its prime location in the heart of Coppell provides excellent visibility and high traffic counts, benefiting from frontage on Denton Tap Road, a major thoroughfare connecting Highway 121 to the north and the Sandy Lake intersection to the south. This strategic location ensures significant exposure to a substantial and rapidly expanding population base, characterized by high household incomes. The property is situated in Dallas County and presents a unique chance for businesses seeking a prominent presence in a thriving Texas community. The center's design and location are ideal for a variety of retail uses, making it an attractive investment opportunity. The property is ready for immediate occupancy.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Construction
TILT-UP CONCRETE
Total area
12,730 SF
Lot
1.67 ac (72,919 SF)
Zoning code
Z406
APN
18105350030020000
UPID
US82-3071988
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
FedEx Office Print & Ship Center Courier Service Postal Service
-
Orangetheory Fitness Gym & Fitness Center
-
Rush My Passport Travel Agency
-
FedEx Drop Box Postal Service Courier Service
-
AT&T Store Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$630k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$717k
Blend (final)
Blend
$675k
Owner & transaction history
Ctc-village At Town Center LP · 6 yrs held
Ctc-village At Town Center LP
since 2020
4 recorded transactions
Zoning & alternative use
Z406 · Coppell, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$685,000
+3.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Coppell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coppell submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$660,000
Current use
OFFICE BUILDING
$685,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$675k
Range $608k – $743k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$53 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$68,571
Tax year 2023
Assessed value
$3,280,000
Assessed 2023
Previous assessed
$3,280,000
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$656,270
Assessed improvement
$2,623,730
Land market value
$656,270
Improvement market value
$2,623,730
Total market value
$3,280,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2004
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
12,730 SF
Lot
1.67 ac (72,919 SF)
Zoning code
Z406
APN
18105350030020000
UPID
US82-3071988
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z406 · Coppell, TX
Zoning Z406 · permitted uses
Z406 · Coppell, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coppell. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$660,000
OFFICE BUILDING
Est. value
$685,000
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.67 ac
Current owner
From public records · entity-resolved
Ctc-village At Town Center LP
Entity
Free & Clear · 6 yrs held
Mailing address
12300 PARK CENTRAL DR, DALLAS, TX 75251-1801
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2020
—
Ctc-village At Town Center LP
Centurion Eagle INC
Correction Deed
related
—
Jun 30, 2020
—
Ctc Village At Town Center LP
Centurion Eagle INC
Quit Claim Deed
—
—
—
Ctc-village Of Town Center
—
Deed Of Trust
related
$2,000,000 · First Colony Life Insurance Co
—
—
Centurion Eagle INC
—
Deed Of Trust
related
$1,600,000 · First Horizon Home Loan Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 240 Denton Tap Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
