4800 Cedardale Rd Lancaster, TX 75241
This exceptional commercial land offering presents a significant investment opportunity in Dallas, Texas. Located at the intersection of 4800 LBJ Frwy. & 4526 Cedardale Rd., this property boasts a substantial 24.83-acre lot size, strategically positioned for optimal visibility and accessibility. The land is comprised of two parcels totaling 24.83 acres, with one parcel featuring frontage on I-20, providing unparalleled exposure for any development. The permitted zoning is PD 761 & IR, offering flexibility for a variety of commercial uses. The asking price is $2,178,000.01, translating to a land value of $2.01 per square foot. This multi-tenant potential property presents a unique chance to acquire a large tract of land in a rapidly growing area of Dallas, within the 75241 zip code. The property's location in Lancaster, Dallas County, Texas, offers convenient access to major transportation arteries and a thriving business community. This is an ideal opportunity for developers seeking a prime location for a new commercial venture. The property's size and zoning provide ample room for creative development plans, catering to a wide range of commercial needs. Don't miss this chance to secure a valuable asset in a high-demand market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.