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Property profile & analytics
OFF-MARKET
Estimated value
$5,520,000
Distribution centers
500 Freeport Pkwy Coppell, TX 75019-7420
Individually Owned
17-yr Hold
Free & Clear
Property ID
US82-3715841
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2003
Construction
TILT-UP CONCRETE
Total area
1,065,080 SF
Lot
49.57 ac (2,159,095 SF)
Zoning code
Z123
APN
180021800A03R0000
UPID
US82-3715841
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
-
The Container Store Distribution Center Home Decor Store Department Store
-
The Container Store Corporate Office Home Decor Store Department Store
-
Blink Charging Station Electric Vehicle Charging Station
-
The Container Store Customer Solutions Department Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.52M
Owner & transaction history
Duke Secured Financing 2009-1a · 17 yrs held
Duke Secured Financing 2009-1a
since 2009
3 recorded transactions
Zoning & alternative use
Z123 · Coppell, TX
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$5 / 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
$1,352,519
Tax year 2023
Assessed value
$64,696,370
Assessed 2023
Previous assessed
$64,696,370
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$12,954,570
Assessed improvement
$51,741,800
Land market value
$12,954,570
Improvement market value
$51,741,800
Total market value
$64,696,370
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2003
Construction
TILT-UP CONCRETE
Heating
PARTIAL
Cooling
PARTIAL
Stories
2
Total area
1,065,080 SF
Lot
49.57 ac (2,159,095 SF)
Zoning code
Z123
APN
180021800A03R0000
UPID
US82-3715841
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z123 · Coppell, TX
Zoning Z123 · permitted uses
Z123 · 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.
Building & site characteristics
From public records
Year built
2003
Construction
TILT-UP CONCRETE
Heating
PARTIAL
Cooling
Yes
Stories
2
Lot
49.57 ac
Current owner
From public records · entity-resolved
Duke Secured Financing 2009-1a
Individual
Free & Clear · 17 yrs held
Mailing address
1800 WAZEE ST STE #500, DENVER, CO 80202-2526
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2011
—
Duke Secured Financi 2009-1alz
—
Deed Of Trust
related
$18,375,000 · Allianz Life Insurance Co N Am
Feb 6, 2009
—
Duke Secured Financing 2009-1a
Duke Realty
Quit Claim Deed
related
—
—
—
Duke Secured Financing 2009-1a
—
Deed Of Trust
related
$18,375,000 · Allianz Life Insurance Co N Am
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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