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    Nec - Houston School Rd. & Belt Line Rd Lancaster, TX 75146

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    1.63-Acre Retail Pad Site in Lancaster, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.63-acre commercial land parcel presents a prime opportunity for retail development in the thriving city of Lancaster, Texas. Located at the northeast corner of Houston School Road and Belt Line Road, this property boasts a highly visible and accessible location with excellent frontage on two major thoroughfares. The permitted zoning is R - Retail, making it ideal for a variety of commercial uses. The site's 1.63-acre size offers ample space for a substantial retail building or a multi-tenant development. Given its strategic location and zoning, this property is well-suited for businesses seeking high visibility and convenient access for customers. The area surrounding the property is characterized by a mix of residential and commercial development, ensuring a strong customer base and significant growth potential. This is a rare opportunity to acquire a well-positioned commercial land parcel in a rapidly growing market. The property is situated in Dallas County, Texas, and has a 75146 zip code. Its precise coordinates are 32.5927426 latitude and -96.8055883 longitude. This land offers significant potential for investors and developers seeking a prime location for their next retail venture. Don't miss this chance to secure a piece of Lancaster's vibrant commercial landscape.

    Property Features for 0 Nec - Houston School Rd. & Belt Line Rd

    General Information

    Property type
    Land
    Lot Size
    71,003 SF

    HighLights

    • 1.63‑acre pad site available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lancaster
    County
    Dallas
    State
    Texas
    Longitude
    -96.8055883
    Latitude
    32.5927426

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    FAQs

    What type of property is this?
    Land - 1.63-Acre Retail Pad Site in Lancaster, TX
    Where is this land located?
    The property is located at Nec - Houston School Rd. & Belt Line Rd Lancaster, TX.
    What are key features of this property?
    This property features: 1.63-acre pad site available.; ;
    (214) 526-3626
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    Nec - Houston School Rd. & Belt Line Rd Lancaster, TX 75146
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Nec - Houston School Rd. & Belt Line Rd Lancaster, TX 75146
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