Existing-Building Retail
For Sale
$549,000
1425 Park Circle Drive, Lancaster, TX 75134
CommercialSale, Lancaster, TX
Property Size1,281 SF
Lot Size0.43 Acres
Price / SF$428.57
Days on Market93
Property Features for 1425 Park Circle Drive
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Commercial
Parking features
Paved or Surfaced
Subdivision
Beckley City
Directions
From I-35E, take the Pleasant Run Rd exit and head east. Turn right onto N. Dallas Ave, then turn left onto Park Circle Dr. The property will be on your right.
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
Legal Description
BECKLEY CITY LOTS BLK B LT 12 LESS W 25
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
Listed By:
Maria Leon
(214) 705-7827
Added: Jul 29
Changed: Oct 27
Last Checked: Oct 29 at 8:06AM
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.
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Investment Insights
Based on property information with market context.
This retail property includes an existing 1,281-square-foot building on 0.43 acres. Built in 1968, the structure features tile and hardwood flooring, central heating, electric cooling, and a composition roof.
Public water and sewer serve the property, while paved or surfaced parking provides on-site vehicle accommodation. The property is located at 1425 Park Circle Drive in Lancaster, Texas, within Dallas County.
Public water and sewer serve the property, while paved or surfaced parking provides on-site vehicle accommodation. The property is located at 1425 Park Circle Drive in Lancaster, Texas, within Dallas County.
Key Highlights
- Existing 1,281‑square‑foot building on 0.43 acres
- Commercially zoned retail property
- Built in 1968 with tile and hardwood flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,263
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,260
$425.3K
Cap Rate 7%
$303,757
$303.8K
Cap Rate 9%
$236,256
$236.3K
Market Conditions
NOI Build-Up for 1,281 SF
Gross rent
$32.0K $24.96/SF
− Vacancy
−$1.6K −$1.25/SF
EGI
$30.4K $23.71/SF
− OpEx
−$9.1K −$7.11/SF
NOI
$21.3K $16.60/SF
Area
Dallas County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,260
Cap Rate 7%
$303,757
Cap Rate 9%
$236,256
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
799
Businesses Nearby
365k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Shops & Services 35%
Groceries 13%
Apparel 10%
QuikTrip
Shops & Services
66,143 visits/mo
0.0 miles
Kroger
Groceries
46,278 visits/mo
0.3 miles
Ross Dress for Less
Apparel
30,935 visits/mo
0.3 miles
Dutch Bros. Coffee
Dining
17,315 visits/mo
0.0 miles
Cinemark Lancaster Movies 14
Leisure
16,907 visits/mo
0.2 miles
Demographics for 75134, TX
20,194
Population
7,003
Households
2.9
Avg Household Size
34
Median Age
22%
College-Educated
87%
High-School Grad
10.6 sq mi
ZIP Area
1,905
Density / Sq Mi
$66,134
Median Household Income
$48,605
Median Earnings
$1,762
Median Rent
$216,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Commercially zoned retail property with paved parking and 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: Existing 1,281‑square‑foot building on 0.43 acres; Commercially zoned retail property; Built in 1968 with tile and hardwood flooring
