Retail-Flex with Grade-Level
3701 Lancaster Road, Dallas, TX 75216
SINGLE_FAMILY - Dallas, TX
Type:Retail
Property size:
900 SFLot size:
0.35 AcresPrice / SF:
$722/SF- Added:
- Feb 5, 2026
- Days on Market:
- 118
- Last Refresh:
- Jun 3 at 6:06 am
Property Features for 3701 Lancaster Road
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking features
- Covered, Parking Lot, Oversize
- Standard status
- Active
- APN
- 0000030337900000
- Lot size
- 0.35 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1976
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Concrete
- Building materials
- AluminumSiding, Brick, MetalSiding
- Roof type
- Metal
Listing agent Karan Aulakh , CCIM (469) 471-6413
Listing office KARE Investment Sales & Leasing TX (469) 471-6413
Listing date Feb 5, 2026
MLS# 21170983
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.
HighLights
- 900 SF retail‑flex space built in 1976 on Lancaster Road
- Directly on Lancaster Road with over 15,000+ vehicles per day
- Zoned Retail
- Two grade‑level doors plus a private office and 2 additional exterior offices on‑site
- Covered parking and parking lot with oversize parking
- Public water and public sewer; metal roof
Overview
This 900-square-foot retail-flex space is positioned for adaptable day-to-day operations, combining customer-facing retail with practical back-of-house flexibility. The layout includes two grade-level doors, a private office, and two additional exterior offices on-site, along with covered parking to support staff and customer needs. Zoned Retail, the property is designed to accommodate both showroom-style activity and operations requiring straightforward loading or service access.
The property is directly on Lancaster Road and benefits from exceptionally strong visibility and accessibility, with over 15,000 vehicles per day reported. It sits centrally between major regional traffic routes, including Interstate 35E, Interstate 45, and Loop 12, supporting drive-by interest and convenient customer access from multiple directions.
Given the current zoning and on-site office configuration, this is a strong fit for automotive sales and related services, including uses such as a gas station, along with a range of other retail-flex concepts that benefit from grade-level access, covered parking, and multiple office spaces for management or customer coordination.
The property is directly on Lancaster Road and benefits from exceptionally strong visibility and accessibility, with over 15,000 vehicles per day reported. It sits centrally between major regional traffic routes, including Interstate 35E, Interstate 45, and Loop 12, supporting drive-by interest and convenient customer access from multiple directions.
Given the current zoning and on-site office configuration, this is a strong fit for automotive sales and related services, including uses such as a gas station, along with a range of other retail-flex concepts that benefit from grade-level access, covered parking, and multiple office spaces for management or customer coordination.
Local Financial Insights For Office B
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 | $92.2k | $102.48 |
| − Vacancy | −$23.2k | −$25.82 |
| EGI | $69.0k | $76.66 |
| − OpEx | −$17.2k | −$19.16 |
| NOI | $51.7k | $57.49 |
900 SF · lease $102.48/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$739.2K
$646.8K – $862.4K
NOI $51,742 @ 7.0% cap · market cap 7.96%
Second Best
Specialty Retail
$221.4K
$193.8K – $258.3K
NOI $15,500 @ 7.0% cap · market cap 2.38%
Theoretical Best
Office A
$1.08M
$944.9K – $1.26M
NOI $75,595 @ 7.0% cap · market cap 11.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Bamian Tires
Auto Repair Shop
Southside hummer auto
Auto Repair Shop
Similar Places Nearby
- GrannyMa's BBQ — 2652 Marfa Ave, Dallas, TX 75216
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.798847
- Latitude
- 32.70329
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Retail-flex space on a high-traffic corridor with grade-level access and covered parking for automotive or service uses.
Where is this flex space located?
The property is located at 3701 Lancaster Road Dallas, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 900 SF retail‑flex space built in 1976 on Lancaster Road; Directly on Lancaster Road with over 15,000+ vehicles per day; Zoned Retail
