2608 Balomede Ave Lancaster, TX 75134
This exceptional 115,000 dollar commercial land parcel presents a remarkable investment opportunity in the thriving city of Lancaster, Texas. Located at 2608 Balomede Ave, this property boasts a highly desirable location, just one block from the intersection of Wintergreen Road and I-35E, offering unparalleled access to major transportation arteries and high traffic volume. The property is zoned CH (Commercial Highway), providing flexibility for a wide range of commercial development possibilities. This prime location ensures high visibility and accessibility for potential businesses, making it an ideal site for a variety of commercial ventures. The address is 2608 Balomede Avenue, Lancaster, Texas, 75134, situated in Dallas County. Its geographical coordinates are 32.6208622 latitude and -96.8208854 longitude. The property type is designated as land, specifically commercial land, offering significant potential for future growth and return on investment. Given its strategic location and favorable zoning, this property represents a compelling opportunity for savvy investors seeking a foothold in a rapidly developing area. The asking price is $115,000. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering.
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
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Risks
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