Current Use by Public Records
- Land
Property Details for 501 Old Red Oak Rd
- Lot size
- 3.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 3-acre commercial property, located at 501 Old Red Oak Road in Lancaster, Texas (zip code 75416), presents a unique investment opportunity. Situated in Dallas County, this land boasts convenient frontage on both Old Red Oak Road and Highway 342, ensuring high visibility and accessibility. The lot has already undergone significant preparation, with trees cleared to facilitate immediate development. The property features excellent drainage, a key advantage for various construction projects. Essential utilities are readily available, with power already connected to the site and water and sewer lines located in close proximity, minimizing infrastructure costs and expediting the building process. This versatile land parcel is zoned for commercial, industrial, and residential uses, offering a wide range of development possibilities to suit diverse business needs or residential projects. Its strategic location and prepared condition make it an ideal choice for developers, investors, and businesses seeking a prime location in the thriving Texas market. The asking price is $306,690.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Blossom
- County
- Dallas
- State
- Texas
- Longitude
- -95.3416
- Latitude
- 33.6701
