123 Lions Club Park Rd, Lancaster, TX 75146
- Specialty properties
- 74,600 SF
- 2.90 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 123 Lions Club Park Rd
- Year built
- 1965
- Lot size
- 2.90 lot acres
- Property type
- Specialty properties
- Property subtype
- Retirement homes
Description
This exceptional 74,600 square foot, single-story commercial building located at 123 Lions Club Park Road in Lancaster, Texas, presents a unique investment opportunity. Built in 1965 and renovated in 1986, the property sits on a 2.9-acre lot and is zoned for commercial use. The building's previous use as a nursing care facility offers a versatile layout, ideally suited for continued operation as a senior living community or repurposing for other commercial ventures. The existing configuration includes 45 independent living units and 100 skilled care units, catering to a diverse range of senior living needs. Extensive common areas are available, including large dining and recreational spaces designed to foster a vibrant and engaging community atmosphere. The property's substantial size and established infrastructure provide a solid foundation for a successful business venture. Its location in Lancaster, Dallas County, Texas (zip code 75146), offers convenient access to local amenities and transportation networks. This is a rare opportunity to acquire a significant commercial property with substantial existing infrastructure and significant potential for future development or continued operation as a senior living facility. The property's Class C designation reflects its age and potential need for future upgrades, presenting an opportunity for value enhancement through strategic renovations or repositioning.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Dallas
- State
- Texas
- Longitude
- -96.7592
- Latitude
- 32.5855
