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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    580 S Denton Tap Rd Coppell, TX 75019

    • Strip malls
    • 33,108 SF
    • 1.90 lot acres
    For Lease
    View listing
    $750 /Mo
    Value Estimations
    $1,290,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-3700698
    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

    • Jon Michael Cook, MD / Pediatrician / Physician
    • 410 Line Dancers / Training Center
    • Center for Integrative Psychiatry / Physician / Medical Clinic
    • Jamie Cato / Physician
    • Haztech Testing Center - Dallas / Medical Clinic

    Property Details for 580 S Denton Tap Rd

    Year built
    1985
    Construction
    TILT-UP CONCRETE
    Lot size
    1.90 lot acres
    Property size
    33,108 SF
    Zone code
    Z31
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    65030135010320000
    APU
    65030135010320000

    Description

    First Place Business Center, a Class B medical office building in Coppell, Texas, offers exceptional opportunities for businesses seeking flexible space. Located at 580 S Denton Tap Rd, 75019, this two-story building boasts 33,000 square feet of space, with 13 suites available in various sizes. Units range from a minimum of 1,439 square feet to a maximum contiguous space of 3,500 square feet, making it suitable for a variety of medical practices or office uses. The property features ample parking with 140 spaces and sits on a 1.9-acre lot. Built in 1985 and renovated the same year, the building benefits from a prime location along a major thoroughfare experiencing over 35,000 cars daily, ensuring high visibility and accessibility. The property's zoning is Retail/Office, and its location within the Coppell submarket provides access to a strong demographic profile, including over 163,310 people within a 5-mile radius and an average household income exceeding $133,090 within a 1-mile radius. The building's diverse tenant mix includes office, medical, and service tenants. This is an excellent opportunity to establish or expand your business in a thriving Coppell location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $945,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,639,000
      Market price range: $1.22M - $2.23M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,720,000
      Current use
      OFFICE BUILDING
      $1,785,000
      Change: +4% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Coppell
    County
    Dallas
    State
    Texas
    Longitude
    -96.9927
    Latitude
    32.958
    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
    $156,792
    $660,620
    $6,839,380
    $7,500,000
    -
    $660,620
    $6,839,380
    $7,500,000

    Comparable in this City

    • Value Estimation
      $1,060,000
      20,300 SF

      760 Denton Tap Rd

      SHOPPING CENTER, STRIP CENTER • 20,300 SF
      760 Denton Tap Rd, Coppell, TX 75019-2163
      View Details
    • Value Estimation
      $615,000
      11,295 SF

      143 Denton Tap Rd

      SHOPPING CENTER, STRIP CENTER • 11,295 SF
      143 Denton Tap Rd, Coppell, TX 75019-3335
      View Details
    • Value Estimation
      $565,000
      12,460 SF

      773 Macarthur Blvd

      SHOPPING CENTER, STRIP CENTER • 12,460 SF
      773 Macarthur Blvd, Coppell, TX 75019-4252
      View Details
    • Value Estimation
      $905,000
      14,208 SF

      3111 Olympus Blvd

      SHOPPING CENTER, STRIP CENTER • 14,208 SF
      3111 Olympus Blvd, Coppell, TX 75019-4518
      View Details
    • Value Estimation
      $635,000
      8,831 SF

      1551 Belt Line Rd

      SHOPPING CENTER, STRIP CENTER • 8,831 SF
      1551 Belt Line Rd, Coppell, TX 75019-5784
      View Details
    • Value Estimation
      $590,000
      13,120 SF

      171 Denton Tap Rd

      SHOPPING CENTER, STRIP CENTER • 13,120 SF
      171 Denton Tap Rd, Coppell, TX 75019-2915
      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
      View Details
    • $1,250,000

      Coppell TX QSR Building For Sale

      Prime QSR location, vacant, ready for lease or sale.
      121 Tx-121, Coppell, TX 75019
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      Coppell Land: Prime Commercial Site

      4.4 acres, mixed-use potential, excellent location.
      936 Belt Line Rd, Coppell, TX 75019
      View Details
    • Contact for pricing

      Prime Pad Site on Highway

      Available pad site with excellent visibility and access.
      440 State Highway 121, Coppell, TX 75019
      View Details
    • Contact for pricing
      1,200 SF

      Medical/Office Condo Project in Coppell

      Shell condition medical/office condo near TX-121 and N Denton Tap.
      113 E State Highway 121, Coppell, TX 75019
      View Details
    • $1,100,000
      6.49 Acres

      Monahans RV Park Investment Opportunity

      Secure RV Park with Excellent Amenities
      5588 Stockton Ave, Monahans, TX 75019
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    Similar Nearby for Lease

    • Contact for pricing
      2,313 SF

      Retail Space in Coppell, TX

      Neighborhood shopping center with high visibility and frontage.
      171 N Denton Tap Rd, Coppell, TX 75019
      View Details
    • Contact for pricing
      52,367 SF

      Town Oaks Centre: Coppell Medical Office

      Medical Office Space for Lease in Coppell, TX
      104 Denton Tap Rd, Coppell, TX 75019
      View Details
    • Contact for pricing
      21,206 SF

      Shops at Riverchase Retail Center

      Dallas County retail space available
      780 Macarthur Blvd, Coppell, TX 75019
      View Details
    • Contact for pricing
      1,523 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
    • $30 SF/Yr
      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
      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
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    Coppell, TX 75019
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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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