Listing Agency: Hi View Real Estate

Listed By: Andrew Garrett · License #TX 0588777 Show Phone

Source: Crexi

Added: Aug 14, 2024 Changed: Oct 16 Last Checked: Oct 23 at 6:55AM

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Investment Insights

Based on property information with market context.

This property features approximately 3 acres of land with frontage on Old Red Oak Road and Highway 342. The lot has been cleared of trees and includes drainage. Power is available to the site, and water and sewer services are in close proximity.

Key Highlights

• Approximately 3 acres of land
• Frontage on Old Red Oak Road and Highway 342
• Trees have been cleared from the lot

Property Analytics

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Open Analytics

Suggested Use

Top Pick Building Supply Auto Repair Shop Electrical Service Auto Parts Store Catering Service Nail Salon

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

43

Businesses Nearby

Explore this area Business Placement

Demographics for 75416, TX

2,848

Population

1,257

Households

2.3

Avg Household Size

43

Median Age

27%

College-Educated

92%

High-School Grad

76.4 sq mi

ZIP Area

37

Density / Sq Mi

$78,967

Median Household Income

$41,827

Median Earnings

$940

Median Rent

$169,800

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - Approximately 3 acres of cleared land with utilities nearby.

Where is this land located?

The property is located at 501 Old Red Oak Road Lancaster, TX.

What is the asking price?

The asking price for this property is $306,690.

What are key features of this property?

This property features: Approximately 3 acres of land; Frontage on Old Red Oak Road and Highway 342; Trees have been cleared from the lot