Technical
Financial
Distress signals
Property profile

626 Interstate 35th E Lancaster, TX 75146

OFF-MARKET
Commercial land
Property ID
US82-4766837
9.37 ac lot
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 9.37-acre vacant land parcel presents a unique investment opportunity in Lancaster, Texas. Located at 626 S Interstate 35, this property boasts a highly desirable location with significant commercial development potential. Currently zoned for agricultural use, the land offers considerable flexibility for future development, allowing for a wide range of commercial projects. The expansive acreage provides ample space for a variety of uses, including but not limited to retail centers, mixed-use developments, or other commercial ventures. Its strategic positioning along Interstate 35 ensures high visibility and accessibility, making it an ideal location for businesses seeking strong exposure to a large volume of traffic. The property's size and location make it an attractive proposition for developers and investors seeking to capitalize on the growing commercial landscape of Lancaster. This is a rare chance to acquire a substantial tract of land with immense potential for significant return on investment. The property is priced at $1,500,000 and offers a blank canvas for a visionary developer to create a landmark commercial project. Serious inquiries are encouraged to explore the possibilities and secure this exceptional opportunity. The seller is motivated and ready to negotiate.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 9.37 ac (408,157 SF)
Zoning code Z04
APN 65067253510020000
UPID US82-4766837

Cap rate & NOI

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

Location

626 Interstate 35th E Lancaster, TX 75146-2706
Lancaster metro Census 16802 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2023
Price N/A

Zoning & alternative use

Z04 · Lancaster, TX

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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