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Property profile & analytics
OFF-MARKET
Estimated value
$1,790,000
Investment properties
2408 Cooper St, Arlington, TX 76015-1604
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US82-2591190
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1976
Total area
15,200 SF
Lot
0.77 ac (33,537 SF)
APN
28060--36
UPID
US82-2591190
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
-
Southwest Classics Inc Auto Parts Store
-
Southwest Swap Meet L.C. Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.76M
Blend (final)
Blend
$1.79M
Owner & transaction history
Farmer Chien Investments INC · 14 yrs held
Farmer Chien Investments INC
since 2011
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,460,000
Current use
Blend value · Realmo final
$1.79M
Range $1.61M – $1.97M · ±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
$118 / 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
$16,770
Tax year 2023
Assessed value
$793,000
Assessed 2024
Previous assessed
$760,000
+4.3% YoY
Effective rate
2.11%
On assessed value
Assessed land
$241,488
Assessed improvement
$551,512
Land market value
$241,488
Improvement market value
$551,512
Total market value
$793,000
Applied tax rate
224.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1976
Heating
NONE
Stories
1
Total area
15,200 SF
Lot
0.77 ac (33,537 SF)
APN
28060--36
UPID
US82-2591190
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.5M
COMMERCIAL (GENERAL) Current
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
1976
Heating
NONE
Stories
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Farmer Chien Investments INC
Entity
Mailing address
2408 S COOPER ST, ARLINGTON, TX 76015-1604
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2020
—
Farmer-chien Investments INC
—
Deed
related
$100,000 · Prosperity Bk
Feb 5, 2019
—
Farmer-chien Investments INC
—
Deed
related
$100,000 · Prosperity Bk
Feb 1, 2018
—
Farmer-chien Investments INC
—
Deed
related
—
Feb 9, 2017
—
Farmer-chien Investments INC
—
Deed
related
$100,000 · Prosperity Bk
Sep 16, 2016
—
Farmer-chien Investments INC
—
Deed
related
$274,139 · Prosperity Bk
Aug 24, 2011
—
Farmer Chien Investments INC
Retta D Thompson
Venders Lien
$360,000 · Coppermark Bank
Aug 2, 2004
—
Rettae D Thompson
Thompson,jerald E
Affidavit Of Death
related
—
—
—
Farmer-chien Investments INC
—
Loan Modification
related
$100,000 · Prosperity Bk
—
—
Retta D Thompson
—
Deed Of Trust
related
$9,079 · Property Tax Fix LLC
—
—
Farmer-chien Investments INC
—
Loan Modification
related
$100,000 · Prosperity Bk
—
—
Farmer-chien Investments INC
—
Loan Modification
related
—
—
—
Farmer-chien Investments INC
—
Loan Modification
related
$274,139 · Prosperity Bk
—
—
Farmer-chien Investments INC
—
Loan Modification
related
$100,000 · Prosperity Bk
—
—
Farmer-chien Investments INC
—
Loan Modification
related
—
—
—
Retta D Thompson
—
Deed Of Trust
related
$18,952 · Property Tax Fix LLC
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.
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