684 Denton Tap RdCoppell, TX 75019

Property Details for 684 Denton Tap Rd

Year built

2002

Construction

FRAME

Lot size

0.92 AC

Property size (Sq ft)

4,865 SF

Zone code

Z123

Property type

Office buildings

APN

180013200A01R0000

APU

180013200A01R0000

Description

This exceptional commercial property, located at 684 S Denton Tap Road in Coppell, Texas, offers a prime investment opportunity. The single-story building boasts 4,865 square feet situated on a desirable 2.1-acre corner lot at the intersection of Denton Tap Road and E Bethel Road. Its strategic location provides unparalleled access to major transportation arteries, including Highways 635, I-35, 114, 121, and the President George Bush Turnpike, as well as proximity to the Dallas/Fort Worth International Airport. This ensures excellent visibility and accessibility for any business. The building currently houses three separate rentable units, each equipped with its own bathroom. One unit is currently vacant and ready for immediate occupancy, presenting an immediate opportunity for new income generation. The remaining two units are currently occupied on a month-to-month basis, with the possibility of negotiating long-term leases. This presents a unique opportunity to acquire a property in a thriving business environment with significant potential for growth and return on investment. The asking price for this exceptional property is $1,375,000. Don't miss this chance to secure your place in Coppell's dynamic commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $890,193

  6.5%

  $821,717

  7%

  $763,023

• Comparable approach

  Method

  Valuation

  Relative Method

  $587,052

  Geo Method

  $585,357

• Alternative Use

  Use

  Valuation

  Residential

  $1,018,929

  Hospitality

  $933,333

  Educational

  $776,522

  Medical

  $803,228

  Retail

  $1,207,924

Location Insight

City

Coppell

County

Dallas

State

Texas

Latitude

32.955

Longitude

-96.9929

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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