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    8520 S Lancaster Rd Dallas, TX 75241

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    For Sale
    $1,400,000

    1.16 acres in high-traffic commercial area near I-20.

    Lot size:
    1.16 Acres

    Property Features for 8520 S Lancaster Rd

    General Information

    Lot size
    1.16 Acres
    Source: Elliman

    Listing Agent: Shronda Pierson

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

    Overview

    Prime Commercial Land Opportunity

    This 1.16-acre property is situated in a high-traffic commercial and retail area. The location provides street view exposure and convenient access to Interstate 20, as well as major highways including 635, 45, 35, 67, and 175. Downtown Dallas is less than 15 minutes away. The grounds have been maintained. The area is experiencing growth with new businesses.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.7793708
    Latitude
    32.6441264

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    FAQs

    What type of property is this?
    Commercial land - 1.16 acres in high-traffic commercial area near I-20.
    Where is this commercial land located?
    The property is located at 8520 S Lancaster Rd Dallas, TX.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - 1.16 acres of street view property in a high-traffic commercial and retail area; - Steps away from Interstate 20; - Quick access to major highways 635, 45, 35, 67, and 175
    Request Owner's contact information
    8520 S Lancaster Rd Dallas, TX 75241
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    Dallas, TX 75241
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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
    8520 S Lancaster Rd Dallas, TX 75241
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