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Financial
Distress signals
Property profile

137 Historic Town Sq Lancaster, TX 75146

FOR LEASE
Strip malls
Property ID
US82-3893849
4,048 SF 0.05 ac lot Built 1945
Last sale Jun 2023
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a retail center located in the historic downtown Lancaster square, with visibility along Dallas Ave and approximately 27,986 vehicles per day. It is positioned for access to I-35E and I-20 and is part of a mixed-tenant building environment that includes established national businesses such as LaCalle Doce, Lovin Oven, and Hugg BBQ. The available portion is located within a larger building and totals approximately 1,400 square feet, with configuration suitable for retail,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$193k
Assessed land$6k
Assessed improvement$187k
Effective rate2.41%

Value estimate

· Oct 2026
$325k
$293k – $358k
AI approach$325k
NOI build-up
Gross scheduled income$35k
Vacancy & credit loss−$2k
Operating expenses−$10k
NOI · 663.94% cap applied$23k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
663.94%
$23k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
Z401
JurisdictionDALLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.7
Law Firm12.9
Pharmacy11.1

Location

137 Historic Town Sq Lancaster, TX 75146
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

12 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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