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Property profile & analytics
OFF-MARKET
Land

501 Old Red Oak Rd Blossom, TX 75416

3 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 3 ac (130,680 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
AI Approach AI
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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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