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Property profile

1620 I-35E Lancaster, TX 75146

OFF-MARKET
Warehouses
12,090 SF 1.55 ac lot Built 2022
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Property summary

AI-generated overview

This exceptional 12,090-square-foot showroom/warehouse building sits on a 1.55-acre lot in Lancaster, Texas, at 1620 S I-35E. Built in 2022, this single-story structure offers a highly functional layout, combining a prominent showroom area with a rear warehouse featuring grade-level roll-up doors. The property boasts excellent visibility and accessibility, situated directly on Interstate 35E, a major thoroughfare with over 80,000 vehicles passing daily. Its location within Lancaster's primary commercial corridor, approximately 15 miles south of Downtown Dallas, provides significant advantages. The property is zoned CH and includes an income-producing billboard leased to Clear Channel, adding to its investment potential. This owner-user opportunity presents a rare chance to acquire a modern, well-located industrial property in a thriving market. The asking price is $3,250,000, translating to $268.82 per square foot. The property's Dallas County location and convenient access to major transportation routes make it an attractive investment for businesses seeking a high-traffic location. The building's recent construction ensures modern amenities and efficient operation. This turnkey solution is perfect for a variety of uses, offering both showroom and warehouse space in a prime location. The property's APN is 362015000203R0000 and the zip code is 75146.

Property profile

Verified
Property type Warehouses
Year built 2022
Total area 12,090 SF
Lot 1.55 ac (67,518 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1620 I-35E Lancaster, TX 75146
Lancaster metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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