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Property profile & analytics
OFF-MARKET
Land

0 Lancaster Rd Dallas, TX 75241

8.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8.4-acre commercial land parcel presents a remarkable investment opportunity in Dallas, Texas. Located in the rapidly developing University Hills Master Planned Community, this property (Tract 19) boasts a strategic position near the intersection of I-20 and South Lancaster Road, offering unparalleled access to major transportation arteries. The site is zoned MF-2 & MF-3, allowing for a diverse range of development possibilities, including multifamily residential projects. The surrounding area is experiencing significant growth, with the University of North Texas campus nearby, along with BNSF Intermodal, DART, and Dallas Emergency Services. University Hills itself is planned to encompass approximately 268 acres, featuring townhomes, single-family homesites, over 1,000 multifamily units, and a mixed-use zone incorporating office and retail space. Future residents will enjoy planned amenities such as walking trails, green spaces, and a town center with commercial, retail, and dining options. This property's location within this thriving community ensures strong potential for future appreciation and significant returns on investment. The site's size and zoning provide flexibility for a variety of development scenarios, making it an ideal choice for developers seeking a prime location in a rapidly expanding area of Dallas. The property is situated in Dallas County, Texas, with a zip code of 75241.

Property profile
Verified
Property type Land
Lot 8.4 ac (365,904 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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