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    715 Regalia Ln Duncanville, TX 75116

    Sponsored
    For Sale
    $496,000

    High-traffic corner lot, Duncanville, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail investment opportunity encompasses three parcels totaling approximately 0.945 acres at 715, 719, and 723 Regalia Lane in Duncanville, Texas, 75116. Priced at $496,000 ($12.05/sq ft), this hard corner lot boasts prime freeway frontage on I-20 and N. Cedar Ridge Dr., enjoying significant daily traffic exposure of approximately 152,293 vehicles on I-20 and 13,575 vehicles on N. Cedar Ridge Dr., per TxDOT data. The property offers approximately 153 feet of frontage on Cedar Ridge Dr., providing excellent visibility and accessibility for retail consumers. Its strategic location across from an established Racetrac gas station further enhances its appeal. The surrounding area features dense residential populations, creating a strong customer base. Zoned Local Retail-2, this versatile property is well-suited for a variety of uses, including (but not limited to) a gas station (with permitted beer and wine sales – verification with the city is recommended), fast-food restaurant, or coffee shop. This is a rare chance to acquire a high-visibility retail site in a thriving Texas market.

    Property Features for 715 Regalia Ln

    General Information

    Property type
    Retail properties
    Lot Size
    41,164 SF

    HighLights

    • 0.94‑acre hard corner retail lot available in Duncanville.
    • Prime I‑20 and N. Cedar Ridge Dr. freeway frontage.
    • High traffic count: ~152,293 VPD on I‑20 and ~13,575 VPD on N. Cedar Ridge Dr.
    • Across from a Racetrack; 153' of frontage on Cedar Ridge Dr. offers excellent visibility.
    • Surrounded by dense residential neighborhoods.
    • Zoned LR2; suitable for gas station (beer & wine sales permitted), fast food, coffee shop, and other retail/office uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Duncanville
    County
    Dallas
    State
    Texas
    Longitude
    -96.9155468
    Latitude
    32.657579

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    FAQs

    What type of property is this?
    Retail property - High-traffic corner lot, Duncanville, TX.
    Where is this retail property located?
    The property is located at 715 Regalia Ln Duncanville, TX.
    What is the asking price?
    The asking price for this property is $496,000.
    What are key features of this property?
    This property features: 0.94-acre hard corner retail lot available in Duncanville.; Prime I-20 and N. Cedar Ridge Dr. freeway frontage.; High traffic count: ~152,293 VPD on I-20 and ~13,575 VPD on N. Cedar Ridge Dr.
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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
    715 Regalia Ln Duncanville, TX 75116
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