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    4800 Cedardale Rd Lancaster, TX 75241

    For Sale
    $2,178,000

    24.83 Acres, Multi-Tenant Potential, $2.1M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional commercial land offering presents a significant investment opportunity in Dallas, Texas. Located at the intersection of 4800 LBJ Frwy. & 4526 Cedardale Rd., this property boasts a substantial 24.83-acre lot size, strategically positioned for optimal visibility and accessibility. The land is comprised of two parcels totaling 24.83 acres, with one parcel featuring frontage on I-20, providing unparalleled exposure for any development. The permitted zoning is PD 761 & IR, offering flexibility for a variety of commercial uses. The asking price is $2,178,000.01, translating to a land value of $2.01 per square foot. This multi-tenant potential property presents a unique chance to acquire a large tract of land in a rapidly growing area of Dallas, within the 75241 zip code. The property's location in Lancaster, Dallas County, Texas, offers convenient access to major transportation arteries and a thriving business community. This is an ideal opportunity for developers seeking a prime location for a new commercial venture. The property's size and zoning provide ample room for creative development plans, catering to a wide range of commercial needs. Don't miss this chance to secure a valuable asset in a high-demand market.

    Property Features for 4800 Cedardale Rd

    General Information

    Property type
    Land
    Lot Size
    1,081,595 SF

    Building Details

    Buildings
    1

    HighLights

    • 22.046‑acre and 2.7859‑acre land parcels.
    • I‑20 frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel Auto Parts Store Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Dallas
    State
    Texas
    Longitude
    -96.78285
    Latitude
    32.638882

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    FAQs

    What type of property is this?
    Land - 24.83 Acres, Multi-Tenant Potential, $2.1M
    Where is this land located?
    The property is located at 4800 Cedardale Rd Lancaster, TX.
    What is the asking price?
    The asking price for this property is $2,178,000.
    What are key features of this property?
    This property features: 22.046-acre and 2.7859-acre land parcels.; I-20 frontage.;
    Request Owner's contact information
    4800 Cedardale Rd Lancaster, TX 75241
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    Lancaster, TX 75241
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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
    4800 Cedardale Rd Lancaster, TX 75241
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