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Property profile & analytics
OFF-MARKET
Land

0 Old Red Oak Rd Lancaster, TX 75146

2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2-acre property presents a unique investment opportunity in Lancaster, Texas. Strategically located with frontage on both Highway 342 and Old Red Oak Road, this parcel offers unparalleled accessibility and visibility. The land is zoned for commercial, industrial, and residential uses, providing flexibility for a wide range of development projects. Approximately 10% of the land is wooded, offering a touch of natural beauty. The site is well-equipped with existing drainage infrastructure, ensuring efficient water management. Furthermore, essential utilities such as power and water are readily available in close proximity, simplifying the development process and minimizing upfront costs. Located in Dallas County, with a 75146 zip code, this property boasts a prime location within a thriving community. The coordinates are 32.5735391 latitude and -96.7634382 longitude. This versatile land parcel is priced competitively at $204,460 and represents an excellent opportunity for investors and developers seeking a strategic location with significant potential. Don't miss this chance to acquire a highly desirable property in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 2 ac (87,120 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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