Property profile

1370 Belt Line Rd Lancaster, TX 75146

OFF-MARKET
Strip malls
Property ID
US82-9365541
5,950 SF 0.68 ac lot Built 2015
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2015
Construction FRAME
Total area 5,950 SF
Lot 0.68 ac (29,621 SF)
Zoning code Z239
APN 364244700A0050000
UPID US82-9365541

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • HVAC Service General Contractor
  • Restaurant
  • Nail Salon
  • Dental Office

Location

1370 Belt Line Rd Lancaster, TX 75146-2110
Lancaster metro Census 16802 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
$521k
Blend (final) Blend
$520k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2017
Price N/A

Zoning & alternative use

Z239 · Lancaster, TX
Top alternative use upside
Restaurant $810,000 +120.9%
Retail stores $730,000 +98.7%
Auto repair, garage $700,000 +90.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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