123 Lions Club Park Rd Lancaster, TX 75146
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.