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    3401 Olympus Blvd Coppell, TX
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    Property profile & analytics

    3401 Olympus Blvd Coppell, TX

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    • Parking lots & garages
    • 385,575 SF
    • 7.73 lot acres
    For Lease
    $1,725,000
    View Listing →
    Fitness Center in Cypress Waters For Lease
    $1,725,000
    34,278 SF

    Fitness Center in Cypress Waters

    8,000 SF fitness center with ample parking available for rent.

    3401 Olympus Blvd, Coppell, TX
    View Listing
    Property ID
    US83-1245869
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,725,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Parking lots & garages

    Property Details for 3401 Olympus Blvd

    Year built
    2019
    Construction
    FRAME
    Lot size
    7.73 lot acres
    Property size
    385,575 SF
    Zone code
    Z239
    Property type
    Parking lots & garages
    APN
    811360006900
    APU
    811360006900

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,340,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,107,000
      Market price range: $1.13M - $6.03M

    • Alternative Use

      Use
      Estimation
      PARKING LOT
      $2,735,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Coppell
    County
    Dallas
    State
    Texas
    Longitude
    -96.9877
    Latitude
    32.9389
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $819,391
    $1,178,060
    $33,921,940
    $35,100,000
    -
    $1,178,060
    $33,921,940
    $35,100,000

    Comparable in this City

    • Value Estimation
      $1,855,000
      226,320 SF

      3000 Olympus Blvd

      PARKING GARAGE, PARKING STRUCTURE • 226,320 SF
      3000 Olympus Blvd, Coppell, TX 75019-4880
      View Details
    • Value Estimation
      $1,850,000
      255,000 SF

      9001 Cypress Waters Blvd

      PARKING GARAGE, PARKING STRUCTURE • 255,000 SF
      9001 Cypress Waters Blvd, Coppell, TX 75019-4786
      View Details
    • Value Estimation
      $2,075,000
      367,080 SF

      3201 Olympus Blvd

      PARKING GARAGE, PARKING STRUCTURE • 367,080 SF
      3201 Olympus Blvd, Coppell, TX 75019-4520
      View Details
    • Value Estimation
      $1,620,000
      264,627 SF

      8950 Cypress Waters Blvd

      PARKING GARAGE, PARKING STRUCTURE • 264,627 SF
      8950 Cypress Waters Blvd, Coppell, TX 75019-4620
      View Details
    • Value Estimation by Request
      2,486 SF

      109 Vanbebber Dr

      CAR WASH • 2,486 SF
      109 Vanbebber Dr, Coppell, TX 75019
      View Details
    • Value Estimation
      $725,000
      4,923 SF

      250 Denton Tap Rd

      CAR WASH • 4,923 SF
      250 Denton Tap Rd, Coppell, TX 75019-3218
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,959 SF

      Retail Investment Opportunity

      Three retail properties in high-growth markets with upside potential.
      143 S Denton Tap Rd, Coppell, TX 75019
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    • $1,375,000

      Prime Commercial Opportunity in Coppell

      2-acre, 3-unit building in high-demand Dallas County location.
      684 S Denton Tap Rd, Coppell, TX 75019
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      0.91 Acres

      Retail Space in Coppell, Texas

      Retail property for sale in Coppell, Texas.
      801 s Denton Tap Rd, Coppell, TX 75019
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in Coppell Neighborhood

      Two-tenant convenience center in a dense, affluent Coppell neighborhood.
      205 N Denton Tap Rd, Coppell, TX 75019
      View Details
    • $297,000
      1.55 Acres

      Corsicana Land For Sale

      1.55 acre land in Corsicana, Texas.
      29 Triangle Shr, Corsicana, TX 75019
      View Details
    • New
      $429,000
      0.35 Acres

      Coppell Buildable Lot Opportunity

      Large Coppell lot near Historic Main Street, ideal for building.
      804 Bullock St, Coppell, TX 75019
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail and Office Space Available

      Centrally located retail and office spaces in Coppell, Texas.
      104 S Denton Tap Rd, Coppell, TX 75019
      View Details
    • Contact for pricing
      1,913 SF

      Retail Space in Town Oaks

      Retail space in a high-visibility, family-oriented Coppell center.
      120 S Denton Tap Rd, Coppell, TX 75019
      View Details
    • Contact for pricing
      2,350 SF

      Retail Space in Coppell Center

      Retail space available in a high-income residential area.
      130 N Denton Tap Rd, Coppell, TX 75019
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Coppell, Texas

      Retail space with high visibility and ample parking available for lease.
      817 S Macarthur Blvd, Coppell, TX 75019
      View Details
    • Contact for pricing
      11,700 SF

      Retail Pad Site Available

      Retail pad site available at a highly trafficked intersection.
      626 N Denton Tap Rd, Coppell, TX 75019
      View Details
    • Contact for pricing
      2,866 SF

      Retail Space in Coppell, TX

      Retail space available for lease in Coppell, Texas.
      651 N Denton Tap Rd, Coppell, TX 75019
      View Details
    View Listing
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    Coppell, TX
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    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
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