0 Dallas Ave Dr Lancaster, TX 75134
This 1.29-acre commercial land parcel, located at 3 & 4 N. Dallas Ave Dr, Lancaster, TX 75134 (APN: 360104100A0040000; 360104100A0030000), offers exceptional development potential. Zoned for commercial and retail use, this L-shaped property boasts 56,192 square feet and features 48.03 feet of frontage on N. Dallas Ave and 117.09 feet on Stanford Drive. Its strategic location provides easy access to I-20, I-35, and I-45, placing it minutes from downtown Dallas and the significant Union Pacific Dallas Intermodal Terminal, one of the largest inland ports in the US. This prime real estate is ideal for various commercial ventures, including, but not limited to, gas stations and neighborhood stores. The asking price is $500,000, translating to $8.90 per square foot. The property consists of two contiguous parcels, offering flexibility for development. This booming area presents a unique opportunity for investors seeking high-growth potential in a well-connected location. The legal description is CEDAR SHELL BLK A LT 4 ACS 0.747.
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
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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.