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1527 Wheatland Rd Lancaster, TX 75134

For Sale
$500,000

Prime 4.75-acre retail site, $500K

Property size:
206,910 SF

Description

Added:
Dec 11, 2024
Days on Market:
365
This exceptional 4.75-acre commercial land parcel, located at 1527 E Wheatland Road in Lancaster, Texas (zip code 75134), presents a compelling investment opportunity for owner-users or developers. The property boasts a substantial 206,910 square feet and is priced at $500,000, translating to $2.41 per square foot and $105,263 per acre. Its strategic location offers convenient and immediate freeway access to major thoroughfares, including I-20 and I-35, enhancing its appeal for a wide range of commercial ventures. The site features approximately 251 feet of frontage on Killough Boulevard. The City of Dallas has approved a bond program to fund significant road and transportation improvements in the area, including enhancements to Wheatland Road, University Hill, and Killough Boulevard, promising future infrastructure upgrades that will further enhance the property's value and accessibility. The property's zoning allows for diverse redevelopment options, including residential, multifamily, industrial, office, retail, and storage facilities. Furthermore, there's a potential to acquire an adjacent 4.75-acre lot, expanding the total acreage to 9.5 acres, providing even greater development flexibility. This property's combination of size, location, and future infrastructure improvements makes it an ideal investment for those seeking a high-growth potential commercial land opportunity in a rapidly developing area. The proximity to a DART rail station and the UNT Dallas campus adds to its strategic appeal.

Property Features for 1527 Wheatland Rd

General Information

Property type
Land
Square Feet
206,910 SF
Lot Size
206,910 SF

HighLights

  • $500,000 Asking Price
  • $105,263 per acre
  • $2.41 per square foot
  • One (1) lot available
  • 251 feet of frontage on Killough Blvd
  • Up to 9.5 acres available
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

Location Insight

  • Map
  • Local Demand
City
Lancaster
County
Dallas
State
Texas
Longitude
-96.801045
Latitude
32.650243

FAQs

What type of property is this?
Land - Prime 4.75-acre retail site, $500K
Where is this land located?
The property is located at 1527 Wheatland Rd Lancaster, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: $500,000 Asking Price; $105,263 per acre; $2.41 per square foot
More about this property
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