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    4040 Dallas Ave Lancaster, TX 75134

    For Sale
    $2,500,000

    9.42 Acres, I-20 Frontage, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 9.42-acre industrial land parcel presents a significant investment opportunity in Lancaster, Texas. Located at 4040 N. Dallas Ave, this property boasts 263 feet of frontage along a major state highway, providing unparalleled visibility and accessibility. Its strategic location directly off I-20 and S Lancaster Road places it within the thriving Cedardale Distribution Business Park, surrounded by established businesses such as FedEx, Amazon, and L'Oréal. The property consists of two contiguous parcels, zoned Commercial Hwy, making it suitable for a wide range of commercial uses, including logistics, warehousing, and retail. With a land value of $6.09 per square foot and an asking price of $2,500,000, this offering represents a compelling chance to capitalize on the area's robust growth. The property's APN is 65-04303-251-011-0001. This prime location offers immediate access to major transportation arteries, ensuring efficient distribution and logistics operations. Don't miss this chance to secure a foothold in this dynamic commercial corridor. The property is situated in Dallas County, Texas, zip code 75134.

    Property Features for 4040 Dallas Ave

    General Information

    Property type
    Land
    Lot Size
    410,335 SF

    HighLights

    • 9.42‑acre industrial land parcel in Lancaster, TX.
    • 263 feet of frontage on a major state highway, offering excellent visibility and accessibility.
    • Located in the Cedardale Distribution Business Park, near FedEx, Amazon, and L'Oréal.
    • Zoned Commercial Hwy, suitable for logistics, warehousing, and retail.
    • Asking price: $2,500,000; land value: $6.09/sq ft.
    • APN: 65‑04303‑251‑011‑0001.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Gym & Fitness 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
    -96.7765503
    Latitude
    32.637888

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    FAQs

    What type of property is this?
    Land - 9.42 Acres, I-20 Frontage, Prime Location
    Where is this land located?
    The property is located at 4040 Dallas Ave Lancaster, TX.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 9.42-acre industrial land parcel in Lancaster, TX.; 263 feet of frontage on a major state highway, offering excellent visibility and accessibility.; Located in the Cedardale Distribution Business Park, near FedEx, Amazon, and L'Oréal.
    Request Owner's contact information
    4040 Dallas Ave Lancaster, TX 75134
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    Lancaster, TX 75134
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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
    4040 Dallas Ave Lancaster, TX 75134
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