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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Office Spaces
3604 Cooper St Ste 120, Arlington, TX 76015-3482
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-5458481
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2006
Total area
2,000 SF
Lot
0.19 ac (8,491 SF)
APN
8344C-5-120
UPID
US82-5458481
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
$510k
Comparable Approach
Comparable
$538k
Blend (final)
Blend
$525k
Owner & transaction history
Veritek LLC · 5 yrs held
Veritek LLC
since 2020
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
$330,000
CAP Approach
CAP Return
Estimation
6%
$550,000
6.5%
$510,000
7%
$470,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$395,000
Current use
COMMERCIAL (GENERAL)
$325,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$263 / 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
$9,709
Tax year 2023
Assessed value
$470,000
Assessed 2024
Previous assessed
$440,000
+6.8% YoY
Effective rate
2.07%
On assessed value
Assessed land
$31,844
Assessed improvement
$438,156
Land market value
$31,844
Improvement market value
$438,156
Total market value
$470,000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2006
Heating
NONE
Stories
1
Total area
2,000 SF
Lot
0.19 ac (8,491 SF)
APN
8344C-5-120
UPID
US82-5458481
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
OFFICE BUILDING Current
Est. value
$395,000
COMMERCIAL (GENERAL)
Est. value
$325,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
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
2006
Heating
NONE
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Veritek LLC
Entity
Mailing address
5100 NORMANDY DR, FRISCO, TX 75034-7595
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2020
—
Veritek LLC
Tak Ents INC
Warranty Deed
—
Feb 8, 2012
—
Tak Ents INC
—
Deed Of Trust
related
$1,200,000 · Woodhaven National Bank
—
—
Tak Ents INC
—
Deed Of Trust
related
$177,866 · Tax Ease Funding LP
—
—
Tak Ents INC
—
Deed Of Trust
related
$39,996 · Mansfield Community Bank
—
—
Tak Ents INC
—
Deed Of Trust
related
$130,100 · Woodhaven National Bank
—
—
Tak Ents INC
—
Deed Of Trust
related
$329,180 · Woodhaven Nat'l Bk
—
—
Tak Ents INC
—
Deed Of Trust
related
$98,280 · Tax Ease Fndg
—
—
Tak Ents INC
—
Deed Of Trust
related
$134,051 · Tax Ease Funding LP
—
—
Tak Ents INC
—
Deed Of Trust
related
$1,200,000 · Woodhaven National Bank
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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