580 Denton Tap RdCoppell, TX 75019

Property Details for 580 Denton Tap Rd

Year built

1985

Construction

TILT-UP CONCRETE

Lot size

1.90 AC

Property size (Sq ft)

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.

• CAP approach

  CAP return

  Valuation

  6%

  $8,905,364

  6.5%

  $8,220,336

  7%

  $7,633,169

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,067,637

  Geo Method

  $10,038,557

• Alternative Use

  Use

  Valuation

  Residential

  $6,934,161

  Hospitality

  $6,351,654

  Educational

  $5,284,502

  Medical

  $5,466,244

  Retail

  $8,220,336

Location Insight

City

Coppell

County

Dallas

State

Texas

Latitude

32.958

Longitude

-96.9927

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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