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

    600 Royal Ln Coppell, TX 75019-3826

    • Distribution centers
    • 275,280 SF
    • 14.40 lot acres
    OFF-MARKET
    Last Sale
    Oct 31, 2024
    Value Estimations
    $1,965,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-0670302
    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

    • Polymershapes - Dallas / Distribution Center / Logistics Company
    • DataSource Inc Dallas Office / Advertising Agency / Marketing & Advertising
    • KW International(TX), Inc / Logistics Company / Freight Service
    • Fabulous Floors / Warehouse & Storage
    • PolymerOutdoor Custom Pergola Covers / Carport And Pergola Builder / Plastic Wholesaler

    Property Details for 600 Royal Ln

    Year built
    1996
    Construction
    TILT-UP CONCRETE
    Lot size
    14.40 lot acres
    Property size
    275,280 SF
    Zone code
    Z123
    Property type
    Distribution centers
    APN
    180016700004R0000
    APU
    180016700004R0000

    Description

    This exceptional 280,000-square-foot industrial warehouse, situated on a 14.4-acre lot in Coppell, Texas (Dallas County), presents a significant opportunity. Built in 1996, this single-story building features a 30-foot clear ceiling height, ideal for various industrial uses. The property boasts extensive loading capabilities with 21 loading docks, including five standard 8x10 dock doors, one oversized dock door equipped with a lift, and three drive-in doors. Ample parking is provided with 420 spaces. A sublease opportunity is currently available, extending until November 30, 2024. This sublease includes approximately 8,500 square feet of office space, perfectly suited for administrative needs. The entire warehouse is 100% sprinklered, ensuring optimal fire safety. The property enjoys convenient access to major thoroughfares, Highways 635 and 121, facilitating efficient transportation and logistics. This is a rare opportunity to secure a substantial warehouse space in a prime Dallas County location. The property's size, features, and location make it an attractive option for businesses seeking efficient and well-equipped warehouse facilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,260,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,671,000
      Market price range: $1.37M - $5.01M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $3,110,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Coppell
    County
    Dallas
    State
    Texas
    Longitude
    -97.0251
    Latitude
    32.9598
    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
    $369,921
    $3,763,010
    $13,931,770
    $17,694,780
    -
    $3,763,010
    $13,931,770
    $17,694,780

    Comparable in this City

    • Value Estimation
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      236,382 SF

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      DISTRIBUTION WAREHOUSE • 236,382 SF
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      View Details
    • Value Estimation
      $2,175,000
      308,536 SF

      1110 Northpoint Dr

      DISTRIBUTION WAREHOUSE • 308,536 SF
      1110 Northpoint Dr, Coppell, TX 75019-3848
      View Details
    • Value Estimation
      $1,440,000
      146,778 SF

      440 Royal Ln

      DISTRIBUTION WAREHOUSE • 146,778 SF
      440 Royal Ln, Coppell, TX 75019-3820
      View Details
    • Value Estimation
      $1,295,000
      176,134 SF

      675 Royal Ln

      DISTRIBUTION WAREHOUSE • 176,134 SF
      675 Royal Ln, Coppell, TX 75019-3805
      View Details
    • Value Estimation
      $2,210,000
      296,734 SF

      445 Royal Ln

      DISTRIBUTION WAREHOUSE • 296,734 SF
      445 Royal Ln, Coppell, TX 75019-3832
      View Details
    • Value Estimation
      $1,565,000
      188,696 SF

      4265 Trade Ctr Dr

      DISTRIBUTION WAREHOUSE • 188,696 SF
      4265 Trade Ctr Dr, Coppell, TX 75019-2330
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      ±4.05 Acres, Highway Commercial Zoning, Prime Location
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      View Details
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      Coppell Commercial Land - 2.6 Acres

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      5,000 SF

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      Land with excellent access and visibility in high-income area.
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      10,959 SF

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    Similar Nearby for Lease

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      230,400 SF

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    • $14 SF/Yr
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      Distribution properties • 101,429 SF
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      257,600 SF

      Coppell Logistics Park Lease Opportunity

      Industrial and warehouse spaces available near major highways and DFW Airport.
      500 W State Highway 121, Coppell, TX 75019
      View Details
    • Contact for pricing
      30,477 SF

      Coppell Warehouse Space Available

      Warehouse space with 24' clear height and rear loading.
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      View Details
    • Contact for pricing
      171,600 SF

      Coppell Warehouse Space Available

      171,600 SF warehouse near DFW International Airport.
      675 S Royal Ln, Coppell, TX 75019
      View Details
    • Contact for pricing
      220,000 SF

      Coppell Warehouse with Trailer Stalls

      220,000 SF warehouse with 42 dock doors and trailer stalls.
      777 Freeport Pkwy, Coppell, TX 75019
      View Details
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    Coppell, TX 75019-3826
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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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