Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lancaster Warehouse and Distribution Space Title is generated by Realmo AI

    3500 N Dallas Ave, Lancaster, TX

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    245,860 SF warehouse with 32' clear height.

    Type:INDUSTRIAL
    Property size:
    245,904 SF
    Lot size:
    14.55 Acres
    Added:
    Mar 12, 2024
    Days on Market:
    819
    Last Refresh:
    May 20 at 8:06 pm

    Property Features for 3500 N Dallas Ave

    General Information

    Standard status
    Active
    Size
    245,904 SF
    Lot size
    14.55 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 3500 N Dallas Ave Contact us

    We can help!

    Listing Contact
    Nathan Lawrence

    Listing agent Nathan Lawrence

    Listing office KBC Advisors | Dallas

    Listing date Mar 12, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of KBC Advisors | Dallas

    HighLights

    • Large available space: 245,860 SF provides ample room for operations.
    • High number of dock doors: 68 dock doors facilitate efficient loading and unloading.
    • 32' clear height accommodates various storage and operational needs.
    • ESFR sprinkler system ensures enhanced fire protection.
    • Ample car parking: 145 car parks provide sufficient parking for employees and visitors.
    • 2 drive‑in doors offer additional access points for deliveries and operations.

    Overview

    This property offers 245,860 square feet of warehouse and distribution space. The building features a 32-foot clear height and an ESFR sprinkler system. It includes 68 dock doors and 2 drive-in doors. There are 145 car parking spaces available.
    Property Profile Location Intelligence

    Current Use by Public Records

    DalParc I-20 Logistics ... Warehouse & Storage

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Center Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • LINEAGE LOGISTICS - LANCASTER, TX — 4150 N Dallas Ave, Lancaster, TX 75134
    • HCS Dallas — 4100 N Dallas Ave SUITE 140, Lancaster, TX 75134
    • Mid Point Logistics Center — Lancaster, TX 75134

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Dallas
    State
    Texas
    Longitude
    -96.7779
    Latitude
    32.6393

    Nearby Similar for Sale

    • $425,000

      Retail Building with Three Suites

      Three-suite retail building with current short-term leases and additional space available for flexible occupancy plans.
      1010 N Dallas Avenue N, Lancaster, TX 75146
      View Details
    • $160,000

      Flexible Commercial Building with Backyard

      Versatile interior layout with multiple rooms and an oversized backyard, ideal for a range of small business concepts.
      509 E 3rd Street, Lancaster, TX 75146
      View Details
    • $515,000

      Residential Property with Acreage

      Country retreat on 4.85 acres with a 3-bedroom home, open layout, and wood-burning fireplace for flexible outdoor living.
      1542 W Reindeer, Lancaster, TX 75146
      View Details
    • $429,900

      Full Duplex Investment Opportunity

      Well-maintained, fully leased duplex offers updated interiors and strong immediate income potential.
      1433 N Bluegrove Road, Lancaster, TX 75134
      View Details
    • $3,657,800
      1,602 SF

      Convenience Store NNN Lease

      Fresh Stop is offered with a long-term absolute NNN lease and an LLC guaranty, providing a net-lease investment structure.
      710 West Pleasant Run Road, Lancaster, TX 75146
      View Details
    • $1,060,062
      8,125 SF

      Dollar General in Lancaster, Texas

      Single-tenant Dollar General property with long-term tenant commitment.
      2253 W Belt Line Rd, Lancaster, TX 75146
      View Details
    • $160,000

      Versatile Commercial Property Near Downtown

      Adaptable commercial space with potential for various business ventures.
      509 E 3rd Street, Lancaster, TX 75146
      View Details
    • $13,500,000
      114,440 SF

      Lancaster Industrial Park Value-Add Opportunity

      Multi-tenant industrial park with value-add potential in Lancaster, Texas.
      1500-1504 S I-35E & 3105 Lomita Dr, Lancaster, TX 75146
      View Details
    • Contact for pricing
      34,650 SF

      Value-Add Office Asset Opportunity

      Multi-tenant office building with income and value-add potential.
      1425 N Dallas Ave, Lancaster, TX 75134
      View Details
    • $1,950,000
      24,399 SF

      Lancaster Warehouse Property for Sale

      24,399 SF warehouse/industrial property in Lancaster, Texas.
      1630 N IH 35E, Lancaster, TX
      View Details
    • $1,700,000
      15,690 SF

      Lancaster Warehouse Space For Sale

      15,690 SF warehouse space available in Lancaster, Texas.
      1616 N I-35E, Lancaster, TX
      View Details
    • Contact for pricing
      3,900 SF

      Lancaster Office Building For Sale

      3,900 SF office building on 1.52 acres.
      3136 Danieldale Rd, Lancaster, TX
      View Details

    FAQs

    What type of property is this?
    Warehouse - 245,860 SF warehouse with 32' clear height.
    Where is this warehouse located?
    The property is located at 3500 N Dallas Ave Lancaster, TX.
    What are key features of this property?
    This property features: Large available space: 245,860 SF provides ample room for operations.; High number of dock doors: 68 dock doors facilitate efficient loading and unloading.; 32' clear height accommodates various storage and operational needs.
    (972) 777-4722 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Nathan Lawrence
    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.
    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

    Thank You for Inquiry
    3500 N Dallas Ave, Lancaster, TX
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!