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Property profile & analytics
OFF-MARKET
Office Spaces

150 1St St Lancaster, TX 75146

2,000 SF
Property ID
Property summary
AI-generated overview

This Class A, two-story office building in Lancaster, Texas's Greater Southwest submarket, offers 2,000 square feet of versatile workspace. The property, located at 150 E 1st St, 75146, features eight suites, with a minimum divisible space of 45 square feet and a maximum contiguous space of 2,000 square feet. It's zoned CR and provides unlimited parking. The building is ideal for various business types, including executive offices, coworking spaces, and creative offices, offering both private suites and co-working options. Utilities and high-speed internet are included. While there are no elevators, the building's location in the revitalized historic downtown area offers convenient access to local amenities such as restaurants, shops, and entertainment venues. Its proximity to Downtown Dallas (approximately 20 minutes away) makes it attractive for commuters. Private office sizes range from 7x6 to 7x9, accommodating one to two people. Co-working spaces are also available, with a six-month minimum lease. This property presents a unique opportunity to establish a presence in a thriving, walkable downtown setting.

Property profile
Verified
Property type Office Spaces
Total area 2,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mae B Developers Construction Company
  • The Office Loft Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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