Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    870 S Denton Tap Rd Coppell, TX 75019

    • Office buildings
    • 11,635 SF
    • 1.31 lot acres
    For Lease
    View listing
    $19 SF/Yr
    Last Sale
    Aug 17, 2021
    Value Estimations
    $710,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-4109613
    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

    • Kaylee Currie / Counselor / Practitioner Service Location
    • Edward Jones - Financial Advisor: Scott Eppelman / Financial Advisor
    • Decisioned Group / Training Center
    • Douglas E. Bedichek, DC / Alternative Medicine Practice
    • Riverchase Rehab & Wellness / Alternative Medicine Practice

    Property Details for 870 S Denton Tap Rd

    Year built
    2005
    Construction
    TILT-UP CONCRETE
    Lot size
    1.31 lot acres
    Property size
    11,635 SF
    Zone code
    Z31
    Property type
    Office buildings
    APN
    180029000A0020000
    APU
    180029000A0020000

    Description

    This exceptional single-story medical office building, totaling 11,345 square feet, is situated in Coppell, Texas, within Dallas County. Built in 2005, the property boasts a Class B designation and offers a blend of occupied and vacant space. Currently, 3,658 square feet are available for lease, including one contiguous space of 2,930 square feet. The building features a creative office layout and above-standard finishes, reflecting a commitment to quality and functionality. Its convenient location provides easy access to major thoroughfares, including I-635, I-121/Sam Rayburn Tollway, and the George Bush Turnpike, ensuring excellent accessibility for both patients and staff. The ample parking ratio of 4.67 spaces per 1,000 square feet addresses the parking needs of a busy medical practice. The address is 870 S Denton Tap Rd, Coppell, TX 75019. This property presents a unique opportunity for medical professionals seeking a well-maintained, conveniently located space in a thriving community. The building is a multi-tenant property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $640,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $782,000
      Market price range: $115k - $1.03M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $630,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $605,000
      Change: -4% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Coppell
    County
    Dallas
    State
    Texas
    Longitude
    -96.9928
    Latitude
    32.9495
    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
    $60,626
    $683,200
    $2,216,800
    $2,900,000
    -
    $683,200
    $2,216,800
    $2,900,000

    Comparable in this City

    • Value Estimation by Request
      6,144 SF

      550 Denton Tap Rd

      OFFICE BUILDING • 6,144 SF
      550 Denton Tap Rd, Coppell, TX 75019-2003
      View Details
    • Value Estimation
      $5,950,000
      230,720 SF

      1225 Freeport Pkwy

      OFFICE BUILDING • 230,720 SF
      1225 Freeport Pkwy, Coppell, TX 75019-4413
      View Details
    • Value Estimation
      $1,180,000
      43,048 SF

      775 Freeport Pkwy

      OFFICE BUILDING • 43,048 SF
      775 Freeport Pkwy, Coppell, TX 75019
      View Details
    • Value Estimation
      $1,095,000
      38,567 SF

      635 Fritz Dr

      OFFICE BUILDING • 38,567 SF
      635 Fritz Dr, Coppell, TX 75019-4461
      View Details
    • Value Estimation
      $5,475,000
      203,303 SF

      3501 Olympus Blvd

      OFFICE BUILDING • 203,303 SF
      3501 Olympus Blvd, Coppell, TX 75019-6156
      View Details
    • Value Estimation
      $6,050,000
      248,526 SF

      750 Cyn Dr

      OFFICE BUILDING • 248,526 SF
      750 Cyn Dr, Coppell, TX 75019-3902
      View Details

    Similar Nearby for Sale

    • 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
    • $1,165,000
      2,281 SF

      Move-In Ready Medical/Professional Office

      High visibility, recently renovated medical/professional office space for sale.
      153 State Highway 121, Coppell, TX 75019
      View Details
    • Contact for pricing
      5,000 SF

      Old Town Coppell Office Space

      Office space in historic district near DFW airport.
      616 S Coppell 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
    • $1,250,000

      Coppell TX QSR Building For Sale

      Prime QSR location, vacant, ready for lease or sale.
      121 Tx-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
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      20,041 SF

      Class A Office Space Available

      Class A office suite with executive offices in Coppell, TX.
      735 Plaza Blvd, Coppell, TX 75019
      View Details
    • $18 SF/Yr
      4,486 SF

      Coppell Medical Office Space For Lease

      Modern Medical Office, 1750 SF Available
      750 Macarthur Blvd, Coppell, TX 75019
      View Details
    • $18 SF/Yr
      5,224 SF

      Wynnpage Plaza: Office Suites Available

      Dallas County Office Space: Flexible Lease Options
      275 Denton Tap Rd, Coppell, TX 75019
      View Details
    • $700 /Mo
      82,590 SF

      Coppell Office Space For Sublease

      Single office space for sublease with shared amenities in Coppell.
      580 S 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
      230,400 SF

      Coppell Industrial/Office Space

      230,400 SF Flexible Space, Coppell, TX
      850 Lake Dr, Coppell, TX 75019
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    870 S Denton Tap Rd
    Coppell, TX 75019
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.