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5904 S Cooper St, Arlington, TX 76017
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Property summary
AI-generated overview
Sublett Corners Shopping Center, located at 5904 S Cooper St, Arlington, TX 76017 (Tarrant County), presents a compelling retail investment opportunity. This 84,983 square foot, multi-tenant shopping center boasts a diverse mix of 15 tenants, including national brands like Dollar Tree, Crunch Fitness, Fuzzy's Taco Shop, Supercuts, Plato's Closet, and H&R Block, along with local favorites like Cato's and Smoke ‘N Ash BBQ. The center is situated on a 10.04-acre lot and comprises three buildings, constructed in 1999, with a permitted Community Commercial zoning. Currently operating at 96.01% occupancy, the center benefits from a strong location within a densely populated area, with over 120,000 people residing within a three-mile radius and average household incomes exceeding $122,000. The property enjoys high traffic counts, exceeding 55,000 vehicles per day, and is shadow-anchored by an Albertsons. The lease type is NNN, with below-market rents
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1999
Total area
84,782 SF
Lot
9.17 ac (399,576 SF)
APN
40330--44CR4
UPID
US82-2251623
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Restaurant
-
Building Supply General Contractor
-
(Bike/Boat/Book/etc) Store Florist
-
Real Estate Agency
-
(Bike/Boat/Book/etc) Store Pharmacy
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.80M
Owner & transaction history
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.80M
Value range
$1.62M – $1.98M
±10% around blend
Estimated value / SF
$21 / SF
Confidence
Property data
88
Comparable evidence
60
$1.62M
blend $1.80M
$1.98M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
84,782 SF
Lot area
9.17 ac
Year built
1999
Stories
1
APN
40330--44CR4
Assessed value
$10,509,600
Annual tax
$232,759
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.80M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$10.51M
Move the market yield to see immediate price impact.
Value / SF
$124
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$662k
$13.24M
$9.46M
$7.36M
$736k
$14.71M
$10.51M
$8.17M
$809k
$16.18M
$11.56M
$8.99M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$232,759
Tax year 2023
Assessed value
$10,509,600
Assessed 2024
Previous assessed
$10,390,250
+1.1% YoY
Effective rate
2.21%
On assessed value
Assessed land
$4,794,911
Assessed improvement
$5,714,689
Land market value
$4,794,911
Improvement market value
$5,714,689
Total market value
$10,509,600
Applied tax rate
224.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1999
Heating
NONE
Stories
1
Total area
84,782 SF
Lot
9.17 ac (399,576 SF)
APN
40330--44CR4
UPID
US82-2251623
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
NONE
Stories
1
Lot
9.17 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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