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Property profile & analytics
OFF-MARKET
Assisted living facilities

3901 Dallas Ave Lancaster, TX 75134-1763

18,496 SF 2.67 ac lot Built 1965
Entity Owned 9-yr Hold Free & Clear
Property ID
US82-3767994
Property summary
AI-generated overview

This exceptional Lancaster, TX property presents a significant investment opportunity. Located at 3901 N Dallas Avenue, this expansive industrial site encompasses a substantial 20,054 square feet of building space, situated on a generous 3.06-acre lot. The property's substantial size offers considerable flexibility for a variety of uses, making it ideal for businesses requiring ample storage, manufacturing space, or distribution capabilities. The large lot provides ample room for expansion, additional construction, or convenient truck maneuvering and parking. The property's location in Lancaster offers easy access to major transportation arteries, facilitating efficient logistics and distribution. This presents a rare chance to acquire a significant industrial asset in a growing Texas market. The asking price of $1,200,000 reflects the property's size, location, and potential for future growth. Serious inquiries are encouraged to explore the possibilities this property offers. The property is classified as "Other" in property type, suggesting a versatile nature suitable for adaptation to various business needs. Given its size and location, this property is well-suited for a range of industrial and commercial applications. The substantial acreage provides significant room for expansion or future development, adding to its long-term value. This is a prime opportunity for investors seeking a substantial industrial holding in a dynamic market.

Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1965
Construction FRAME
Total area 18,496 SF
Lot 2.67 ac (116,305 SF)
Zoning code Z401
APN 65043032510170000
UPID US82-3767994
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
Current use
Occupant on record · Public records
  • Lancaster Residential Center Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Capgrow Holdings Jv Sub Coml · 9 yrs held
Capgrow Holdings Jv Sub Coml
since 2016
6 recorded transactions
2019
Price N/A
2018
Price N/A
2016
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Z401 · Lancaster, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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