219 Dallas Ave Lancaster, TX 75146
- Land
- 10.22 lot acres
Current Use by Public Records
- Land
Property Details for 219 Dallas Ave
- Lot size
- 10.22 lot acres
- Property type
- Land
Description
This exceptional 10.218-acre commercial land parcel in Wilmer, Texas, presents a compelling investment opportunity. Strategically located just six blocks from Interstate 45 and six miles from the I-20 and I-45 interchange, this property benefits from its proximity to the DalPort Trade Center and a burgeoning industrial corridor. The area has experienced significant growth, attracting numerous national manufacturing and shipping warehouses. While currently zoned C-1 Restricted Commercial and partially residential, the city of Wilmer is receptive to rezoning applications, recognizing the need for further industrial expansion in this rapidly developing area. The property comprises four contiguous lots, including 200 Ferris Street and portions of Belt Line and South Dallas Avenue. Existing structures on some lots (three metal buildings and a home) will not be included in the sale. The land's value is $3.37 per square foot, totaling an asking price of $1,500,000. An electrical substation is situated nearby, providing convenient access to power infrastructure. This prime location offers significant potential for future development, capitalizing on the area's robust industrial growth and strategic transportation links. The largest unimproved portions are located at 200 Ferris St. and 37 Belt Line.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Dallas
- State
- Texas
- Longitude
- -96.757
- Latitude
- 32.5912
