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Property profile & analytics
OFF-MARKET
Land

0 Dallas Ave Dr Lancaster, TX 75134

1.29 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.29 ac (56,192 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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