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    212 Interstate 35 Lancaster, TX 75146

    For Sale
    $3,500,000

    High-traffic location, 4.54 acres, multiple uses.

    Property size:
    1,166 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 4.54-acre commercial property, located at 212 S Interstate 35 E in Lancaster, Texas (zip code 75146), presents a compelling investment opportunity. Situated directly adjacent to Interstate 35, this high-visibility site boasts significant traffic exposure, ideal for a variety of commercial ventures. The property is zoned for commercial use and includes an existing 1,166 square foot building, offering immediate potential for various businesses. The versatile nature of this land makes it suitable for restaurants, retail establishments, or auto shops, among other possibilities. Its prime location in Dallas County, Texas, ensures easy access to a large customer base and strong regional connectivity. The asking price for this significant commercial property is $3,500,000. This is a rare chance to acquire a substantial piece of land in a thriving area with excellent development potential. The existing building provides a solid foundation for immediate occupancy or renovation, while the ample acreage allows for significant expansion or future development. Don't miss this chance to secure a prime commercial property in a high-growth area.

    Property Features for 212 Interstate 35

    General Information

    Property type
    Restaurants
    Square Feet
    1,166 SF
    Lot Size
    197,762 SF

    HighLights

    • 4.54‑acre commercial lot at 212 S Interstate 35 E, Lancaster, TX 75146.
    • High‑visibility location directly adjacent to Interstate 35, offering significant traffic exposure.
    • Zoned for commercial use with an existing 1,166 sq ft building.
    • Suitable for restaurants, retail, or auto shops.
    • Asking price: $3,500,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Dallas
    State
    Texas
    Longitude
    -96.8215761
    Latitude
    32.5886708

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    FAQs

    What type of property is this?
    Restaurant - High-traffic location, 4.54 acres, multiple uses.
    Where is this restaurant located?
    The property is located at 212 Interstate 35 Lancaster, TX.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 4.54-acre commercial lot at 212 S Interstate 35 E, Lancaster, TX 75146.; High-visibility location directly adjacent to Interstate 35, offering significant traffic exposure.; Zoned for commercial use with an existing 1,166 sq ft building.
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    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
    212 Interstate 35 Lancaster, TX 75146
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