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    342 Lancaster Lancaster, TX 75614

    • Land
    • 16.18 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 342 Lancaster

    Lot size
    16.18 lot acres
    Property type
    Land

    Description

    This exceptional 16.18-acre commercial land parcel presents a remarkable investment opportunity in the thriving Lancaster, Texas market. Strategically located at the intersection of Loop 9 and Highway 342, this property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial developments. The expansive acreage offers significant potential for various uses, from retail centers and restaurants to industrial facilities or logistics hubs. Its prime location ensures high traffic counts and easy access for customers and employees. The property is zoned for commercial use (zoning information should be independently verified). Given its size and location, this land parcel represents a rare chance to acquire a substantial piece of real estate in a rapidly growing area of Texas. The asking price is $4,999,900. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Detailed site plans and surveys are available upon request. This is a unique opportunity to secure a significant commercial land holding in a high-demand location. Don't miss out on this chance to capitalize on the growth potential of Lancaster, Texas. The property is ready for immediate development, offering a streamlined path to realizing your commercial vision. All interested parties are encouraged to conduct their own due diligence. The address is Loop 9 & Hwy 342, Lancaster, TX 75164.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Dallas
    State
    Texas
    Longitude
    -96.8029
    Latitude
    32.6356
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    342 Lancaster
    Lancaster, TX 75614
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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