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    3011-3039 S Lancaster Rd Dallas, TX 75216

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    For Sale
    Contact for pricing

    Retail property with high visibility and strong neighborhood presence.

    Property size:
    13,700 SF
    Lot size:
    1.72 Acres

    Property Features for 3011-3039 S Lancaster Rd

    General Information

    Size
    13,700 SF
    Lot size
    1.72 Acres

    Source: SRS Real Estate Partners - Corporate Agent Karla Smith

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

    Overview

    Retail Property on Lancaster Road

    This retail property is located on Lancaster Road and benefits from high visibility. It is part of a strong neighborhood retail node that includes a grocery store, apparel shops, quick-service restaurants, and a mix of national retailers. The property is in close proximity to a VA Hospital that serves more than 195,000 veterans. The location benefits from over 30,000 cars per day at the intersection of Lancaster Road and Kiest Boulevard (AADT 2021). The intersection is signalized. Opportunities are available for both freestanding and multi-tenant configurations. The property is located within a 3-mile radius of a population of 113,000 people. The property is expected to be delivered in early 2024 and has a size of 13,700 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Lancaster Kiest Shopping Center, Motown (Formely Kiest Bazaar), Plaza, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.804042
    Latitude
    32.7107689

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    FAQs

    What type of property is this?
    Shopping center - Retail property with high visibility and strong neighborhood presence.
    Where is this shopping center located?
    The property is located at 3011-3039 S Lancaster Rd Dallas, TX.
    What are key features of this property?
    This property features: - High traffic location: Over 30,000 cars per day.; - Strong neighborhood retail node with grocery, apparel, QSR, and a good mix of national retailers.; - High population density: 3-mile density of 113,000 people.
    (214) 560-3247
    Request Owner's contact information
    3011-3039 S Lancaster Rd Dallas, TX 75216
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    Dallas, TX 75216
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    Realmo Value Estimation

    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.

    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.

    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
    3011-3039 S Lancaster Rd Dallas, TX 75216
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