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    350 Bluegrove Rd Lancaster, TX 75146

    For Sale
    Contact for pricing

    Prime 3-acre development site in Lancaster, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 3-acre development site presents a unique investment opportunity in the thriving city of Lancaster, Texas. Strategically located at the intersection of Belt Line Road and Bluegrove Road, this property boasts high visibility and excellent access to major thoroughfares. The site is zoned for Planned Development, allowing for a variety of uses including single-family residential and retail development. Detailed traffic counts reveal significant daily vehicle volume on both Belt Line Road (16,141 VPD) and Bluegrove Road (3,685 VPD), underscoring the high potential for commercial success. Utilities are readily available on-site, simplifying the development process and minimizing upfront costs. This property's ideal location, combined with its flexible zoning and high traffic counts, makes it an attractive proposition for developers seeking a prime location to build a thriving community. The 3-acre parcel offers ample space for a diverse range of projects, catering to the growing needs of the Lancaster area. This is a rare opportunity to acquire a well-positioned development site in a dynamic and expanding market. The property's address is 350 N Bluegrove Road, Lancaster, TX 75146. Don't miss this chance to secure a piece of Lancaster's future.

    Property Features for 350 Bluegrove Rd

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • ±3‑acre development site in Lancaster, TX.
    • Planned Development zoning allowing for single‑family and retail uses.
    • High traffic counts: Belt Line Road (16,141 VPD), Bluegrove Road (3,685 VPD).
    • On‑site utilities available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walmart Home Services Home Help Service Agency Walmart Home Theater ... Home Cinema Installation Walmart Patio & Garden ... Landscaper Walmart House Cleaning ... House Cleaning Service Walmart Baby & Nursery ... Family Service Center

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Dallas
    State
    Texas
    Longitude
    -96.7865446
    Latitude
    32.5911392

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    FAQs

    What type of property is this?
    Land - Prime 3-acre development site in Lancaster, TX.
    Where is this land located?
    The property is located at 350 Bluegrove Rd Lancaster, TX.
    What are key features of this property?
    This property features: ±3-acre development site in Lancaster, TX.; Planned Development zoning allowing for single-family and retail uses.; High traffic counts: Belt Line Road (16,141 VPD), Bluegrove Road (3,685 VPD).
    (214) 526-3626
    Request Owner's contact information
    350 Bluegrove Rd Lancaster, TX 75146
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    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
    350 Bluegrove Rd Lancaster, TX 75146
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