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    Property profile & analytics

    3841 Cooper St Arlington, TX 76015-4122

    • Retail properties & Spaces
    • 336,760 SF
    • 10.92 lot acres
    OFF-MARKET
    Value Estimations
    $3,615,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2488362
    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.

    Current Use by Public Records

    • Macy's eSpot Kiosk / Electronics & Wireless Store
    • Estee Lauder / Cosmetic Store
    • Sunglass Hut at Macy's / (Bike/Boat/Book/etc) Store
    • Macy's Backstage / Discount Store / Clothing & Fashion Store
    • Macy's / (Bike/Boat/Book/etc) Store / Clothing & Fashion Store

    Property Details for 3841 Cooper St

    Year built
    1990
    Lot size
    10.92 lot acres
    Property size
    336,760 SF
    Property type
    Retail properties & Spaces
    APN
    19065--8R1
    APU
    190658R1

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1291
    Latitude
    32.6821
    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
    $190,824
    $4,758,490
    $3,889,510
    $8,648,000
    -
    $4,758,490
    $3,889,510
    $8,648,000

    Comparable in this City

    • Value Estimation
      $1,870,000
      148,033 SF

      3871 Cooper St

      DEPARTMENT STORE • 148,033 SF
      3871 Cooper St, Arlington, TX 76015-4122
      View Details
    • Value Estimation by Request
      1.34 Acres

      1120 Arbrook Blvd

      DEPARTMENT STORE • 1.34 Acres
      1120 Arbrook Blvd, Arlington, TX 76015
      View Details
    • Value Estimation
      $6,550,000
      669,986 SF

      3821 Cooper St

      DEPARTMENT STORE • 669,986 SF
      3821 Cooper St, Arlington, TX 76015-4122
      View Details
    • Value Estimation by Request
      20,400 SF

      Bowen Rd & California Ln

      Individual retail properties • 20,400 SF
      0 Bowen Rd & California Ln, Arlington, TX 76015
      View Details
    • Value Estimation by Request
      46,912 SF

      3801-3803 Cooper St

      Neighborhood centers • 46,912 SF
      3801-3803 Cooper St, Arlington, TX 76015
      View Details
    • Value Estimation by Request
      50,978 SF

      Cooper St

      Neighborhood centers • 50,978 SF
      0 Cooper St, Arlington, TX 76015
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      714 SF

      Turnkey Restaurant Opportunity in Arlington

      Restaurant for sale with immediate operational opportunity in Arlington, Texas.
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    • $139,000

      Arlington Restaurant Opportunity

      1,485 SF building suitable for a restaurant venture.
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      2,585 SF

      Freestanding Building on High-Traffic Corner

      2,585 SF retail building on 0.46 acres for lease.
      3301 S Cooper St, Arlington, TX 76015
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      2,585 SF

      Retail Space Available

      Retail space with 2,585 SF available for sale.
      3301 S Cooper Nec Cooper St & Mayfield Rd, Arlington, TX 76015
      View Details
    • $800,000
      3,024 SF

      Medical Office in Arlington, Texas

      Well-maintained medical office building with efficient layout and ample parking.
      2905 Medlin Dr, Arlington, TX 76015
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    • $800,000
      3,024 SF

      Medical Office in Arlington, TX

      Well-maintained medical office building with efficient clinical layout.
      2905 Medlin Dr, Arlington, TX 76015
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    Similar Nearby for Lease

    • $16 SF/Yr
      27,499 SF

      3295 Cooper St

      Retail properties & Spaces • 27,499 SF
      3295 Cooper St, Arlington, TX 76015
      View Details
    • Contact for pricing
      50,978 SF

      Arbrook Oaks Retail Space Available

      Arlington Retail Center: Prime Spaces For Lease
      0 Cooper St, Arlington, TX 76015
      View Details
    • Contact for pricing
      1,627 SF

      Retail Space Near Parks Mall

      Retail space with high foot traffic near The Parks Mall.
      3808-3810 S Cooper St, Arlington, TX 76015
      View Details
    • Contact for pricing
      48,984 SF

      Arlington Office Space for Lease

      Prime Arlington Office Suites Available
      3330 Matlock Rd, Arlington, TX 76015
      View Details
    • Contact for pricing
      1,790 SF

      Retail Space in High-Traffic Area

      Retail space available in Arlington, Texas with high visibility.
      2800-2832 S Cooper St, Arlington, TX 76015
      View Details
    • Contact for pricing
      6,259 SF

      Retail Space Near Parks Mall

      Retail space available in high-traffic Arlington shopping center.
      1118 W Arbrook Blvd, Arlington, TX 76015
      View Details
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    3841 Cooper St
    Arlington, TX 76015-4122
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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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