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Property profile & analytics
FOR LEASE
Showrooms
631 S Royal Ln Coppell, TX 75019
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-6051279
For Lease
1 / 2
$2,410,000
631 S Royal Ln, Coppell, TX 75019
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2007
Construction
TILT-UP CONCRETE
Total area
51,476 SF
Lot
6.41 ac (279,002 SF)
Zoning code
Z123
APN
180016700A04R0000
UPID
US82-6051279
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
-
Mitsubishi Electric Cooling & Heating Dallas Training Center
-
CSC Tech Support Center IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.41M
Owner & transaction history
Des Ventures Ltd · 1 yrs held
Des Ventures Ltd
since 2025
5 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
$47 / 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
$131,706
Tax year 2023
Assessed value
$6,300,000
Assessed 2023
Previous assessed
$6,300,000
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$1,674,010
Assessed improvement
$4,625,990
Land market value
$1,674,010
Improvement market value
$4,625,990
Total market value
$6,300,000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
2007
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
51,476 SF
Lot
6.41 ac (279,002 SF)
Zoning code
Z123
APN
180016700A04R0000
UPID
US82-6051279
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
2007
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
6.41 ac
Current owner
From public records · entity-resolved
Des Ventures Ltd
Entity
Mailing address
5 MARINE VW PLZ STE #402, HOBOKEN, NJ 07030-5722
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2025
—
Des Ventures Ltd
Fivf III Tx2 LLC
Special Warranty Deed
—
Nov 18, 2022
—
Fivf III Tx2 LLC
Breit Industrial Canyon Tx1wo3 LLC
Special Warranty Deed
—
Mar 20, 2018
—
Breit Indl Canyon Tx1w03 LLC
—
Grant Deed
related
$1,100,000,000 · Miscellaneous Ins Co
Dec 29, 2000
—
Realty LP Weeks
Duke-weeks Realty LP
Quit Claim Deed
related
—
—
—
Cabot IV-tx1m03 LLC
—
Deed Of Trust
related
$251,170,000 · Wells Fargo Bk
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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