Listing Agency: SLJ Company, LLC Show Phone

Listed By: Ty Underwood · License #419172 Show Phone

Source: Moodyscre

Added: Jan 12, 2024 Changed: Aug 18 Last Checked: Sep 4 at 6:20PM

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Investment Insights

Based on property information with market context.

Two tracts of land, identified as Tracts A and B, are available for sale and must be purchased together. The MF-16 zoning allows for 16 units per acre and supports a variety of residential uses. Tract A features substantial frontage on W Pleasant Run Rd. The property benefits from its proximity to Lancaster's expanding employment base and distribution warehouse centers. It also offers convenient access to major thoroughfares, including I-35E, I-20, and I-45. The surrounding area has experienced a population growth rate exceeding 25% over the past decade. The location is approximately 20 minutes south of Downtown Dallas via I-35E and benefits from many area retailers.

Key Highlights

• MF‑16 zoning allows 16 units per acre & a variety of residential uses
• Close proximity to Lancaster's growing employment base & distribution warehouse centers
• Ease of access to many major area thoroughfares such as I‑35E, I‑20 & I‑45

Property Analytics

Property Profile

Current Use

Villas of Lancaster Apartments

Suggested Use

Top Pick Law Firm Real Estate Agency Kitchen & Bath Showroom Storage Facility Catering Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

499

Businesses Nearby

Explore this area Business Placement

Questions? Ask Rey

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What type of property is this? Where is this land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - Two residential land tracts in Lancaster, Texas, sold together.

Where is this land located?

The property is located at 2531 W Pleasant Run Rd Lancaster, TX.

What are key features of this property?

This property features: MF‑16 zoning allows 16 units per acre & a variety of residential uses; Close proximity to Lancaster's growing employment base & distribution warehouse centers; Ease of access to many major area thoroughfares such as I‑35E, I‑20 & I‑45