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Property profile & analytics
OFF-MARKET
Specialty properties

123 Lions Club Park Rd Lancaster, TX 75146

74,600 SF 2.9 ac lot Built 1965
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Year built 1965
Total area 74,600 SF
Lot 2.9 ac (126,324 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
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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