Commercially Zoned Retail
1425 Park Circle Drive Lancaster, TX 75134
New
For Sale
$549,000
SINGLE_FAMILY - Lancaster, TX
Property Size1,281 SF
Lot Size0.43 Acres
Price / SF$428.57
Days on Market2
Property Features for 1425 Park Circle Drive
General Information
Property type
Residential
Property subtype
Retail
Parking features
Paved or Surfaced
Standard status
Active
APN
36002500020120000
Lot size
0.43 Acres
Taxes and HOA fees
Tax Description
BECKLEY CITY LOTS BLK B LT 12 LESS W 25
Tax Annual Amount
4527
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Electric
Water source
Public
Building Details
Year built
1968
Floors in Building
1
Number of units
1
Flooring type
Tile, Hardwood
Roof type
Composition
Listing Agency:
Monument Realty
(214) 705-7827
Listed By:
Maria Leon · License #0765671
(214) 705-7827
Added: Jul 29
Last Checked: Jul 30 at 9:06AM
MLS# 21333267
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercially zoned retail property includes an existing building totaling 1,281 square feet situated on 0.43 acres. The offering is structured as a for-sale commercial asset with the improvements already in place.
The property is located at 1425 Park Circle Drive in Lancaster, Texas 75134, within Dallas County.
For tenants, buyers, and brokers evaluating existing retail space, this site provides an opportunity to review the current building configuration and the on-site acreage as part of the overall real estate package.
The property is located at 1425 Park Circle Drive in Lancaster, Texas 75134, within Dallas County.
For tenants, buyers, and brokers evaluating existing retail space, this site provides an opportunity to review the current building configuration and the on-site acreage as part of the overall real estate package.
Key Highlights
- Commercially zoned property with an existing building totaling 1,281 SF on 0.43 acres
- Built in 1968
- Central heating and electric cooling
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.0k | $24.96 |
| − Vacancy | −$1.6k | −$1.25 |
| EGI | $30.4k | $23.71 |
| − OpEx | −$9.1k | −$7.11 |
| NOI | $21.3k | $16.60 |
1,281 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$303.8K
$265.8K – $354.4K
NOI $21,263 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$15.35M
$13.44M – $17.91M
NOI $1,074,843 @ 7.0% cap · market cap 195.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Commercially zoned retail property featuring an existing building.
Where is this retail space located?
The property is located at 1425 Park Circle Drive Lancaster, TX.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Commercially zoned property with an existing building totaling 1,281 SF on 0.43 acres; Built in 1968; Central heating and electric cooling
