421 Lake Dallas Dr Lake Dallas, TX 75065
This exceptional 0.9-acre vacant land parcel, located at 421 S Lake Dallas Dr, Lake Dallas, TX 75065, presents a unique investment opportunity. Situated in the desirable I-35 business corridor of Denton County, this property is zoned C:3, allowing for a variety of commercial uses. The site is conveniently platted and boasts all utilities readily available, significantly reducing development costs and timelines. The asking price for this prime retail land is $261,360. Its strategic location within the bustling I-35 corridor offers excellent visibility and accessibility, making it an ideal location for a new shopping center or other commercial development. The vacant nature of the land provides a blank canvas for a customized project, allowing for maximum flexibility in design and functionality. This property represents a rare chance to acquire a well-positioned, ready-to-develop site in a thriving Texas market. All utilities are available on-site, simplifying the construction process. Don't miss this opportunity to secure a valuable asset in a high-growth area.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.