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    2820 Nokomis Rd Lancaster, TX 75146

    For Sale
    $778,890

    Prime Lancaster location, high-growth potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 11.127-acre commercial land parcel presents a rare investment opportunity in the thriving Lancaster, Texas market. Located at 2820 Nokomis Road, this property (APN: 65076543010040000) offers significant potential for various commercial developments. The asking price is $778,890. Its strategic location benefits from the area's rapidly expanding industrial sector and the proximity to planned data center projects, promising substantial future returns. The property's exceptional advantage lies in its extremely close proximity to the newly constructed Loop 9 roadway, ensuring excellent accessibility and transportation links. This makes it an ideal site for businesses seeking convenient access to major transportation arteries. The property is situated in Dallas County, Texas, with a zip code of 75146. Given the current market dynamics and future development plans, this 11.127-acre tract represents a compelling investment opportunity for discerning buyers seeking a foothold in a high-growth area. The property's size and location make it suitable for a wide range of commercial uses, offering flexibility and potential for significant appreciation. Don't miss this chance to acquire a prime piece of commercial real estate in one of Texas's most dynamic markets.

    Property Features for 2820 Nokomis Rd

    General Information

    Property type
    Land
    Lot Size
    484,692 SF

    HighLights

    • 11.127‑acre commercial land parcel in Lancaster, TX.
    • Prime location benefiting from Lancaster's rapidly expanding industrial sector and proximity to planned data centers.
    • Excellent accessibility via newly constructed Loop 9 roadway.
    • Asking price: $778,890.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Hotel & Motel HVAC Service Senior Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Dallas
    State
    Texas
    Longitude
    -96.718381922137
    Latitude
    32.553691237776

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    FAQs

    What type of property is this?
    Land - Prime Lancaster location, high-growth potential.
    Where is this land located?
    The property is located at 2820 Nokomis Rd Lancaster, TX.
    What is the asking price?
    The asking price for this property is $778,890.
    What are key features of this property?
    This property features: 11.127-acre commercial land parcel in Lancaster, TX.; Prime location benefiting from Lancaster's rapidly expanding industrial sector and proximity to planned data centers.; Excellent accessibility via newly constructed Loop 9 roadway.
    (972) 921-1594
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    2820 Nokomis 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
    2820 Nokomis Rd Lancaster, TX 75146
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