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Lancaster Road Value-Add Opportunity
For Sale
$155,000

7468 S Lancaster Rd, Dallas, TX 75241

Approximately 10.427 acres with redevelopment potential on S. Lancaster Road.

Property Size200 SF
Lot Size0.43 Acres
Price / SF$775
Days on Market222

Property Features for 7468 S Lancaster Rd

General Information

Standard status Active
Size 200 SF
Lot size 0.43 Acres
Listing Agency: KARE Investment Sales & Leasing
Listed By: Karan Aulakh , CCIM · License #731346
Source: Exprealty
Added: Mar 10 Changed: Oct 6 Last Checked: Oct 16 at 1:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KARE Investment Sales & Leasing

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Investment Insights

Based on property information with market context.

This property offers a value-add opportunity along S. Lancaster Road in South Dallas. The site encompasses approximately 10.427 acres (18,600 SF) and features an existing 200 SF structure built in 1988. Benefiting from strong frontage and visibility on S. Lancaster Road, the lot provides excellent exposure to passing traffic. The property is suitable for an owner-user, small business, or redevelopment, offering ample space to reposition or improve the existing site. Furthermore, the site is located near the University Hills development, a major 268-acre mixed-use project currently under construction at the northwest corner of I-20 and S. Lancaster Road, extending toward University Hills Boulevard. The development is planned to include urban homes, apartments, retail, including a grocery store, a town centre, and office space, adjacent to the University of North Texas at Dallas campus.

Key Highlights

  • Value‑add opportunity in South Dallas with redevelopment potential.
  • Located near the University Hills development, a major 268‑acre mixed‑use project.
  • Strong frontage and visibility on S. Lancaster Road.

Property Analytics

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Current Use

McDowell’s Trucking Sand ... Building Supply Just Like New ... Car Dealership

Suggested Use

Top Pick Law Firm Dental Office Spa & Massage Center Building Supply Hair Salon Big Box & Wholesale Store

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

133
Businesses Nearby

Demographics for 75241, TX

32,944
Population
11,151
Households
3
Avg Household Size
35
Median Age
11%
College-Educated
81%
High-School Grad
25.3 sq mi
ZIP Area
1,302
Density / Sq Mi
$51,171
Median Household Income
$31,426
Median Earnings
$1,208
Median Rent
$162,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Approximately 10.427 acres with redevelopment potential on S. Lancaster Road.
Where is this commercial land located?
The property is located at 7468 S Lancaster Rd Dallas, TX.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Value‑add opportunity in South Dallas with redevelopment potential.; Located near the University Hills development, a major 268‑acre mixed‑use project.; Strong frontage and visibility on S. Lancaster Road.
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