3 Dallas AveLancaster, TX 75134

Property Details for 3 Dallas Ave

Lot size

0.55 AC

Zone code

Z257

Property type

Commercial land

APN

360104100A0030000

APU

360104100A0030000

Description

This exceptional commercial property, encompassing 1.29 acres (56,295 square feet), presents a unique investment opportunity in the thriving Lancaster, Texas market. The L-shaped lot boasts significant frontage—148.03 feet on North Dallas Avenue and 117.09 feet on Stanford Drive—ensuring high visibility and accessibility. Strategically located in a booming area, this property offers unparalleled connectivity to three major highways: I-20, I-35, and I-45, placing it within easy reach of downtown Dallas. Its proximity to the International Inland Port of Dallas, including the Union Pacific Dallas Intermodal Terminal, one of the nation's largest inland ports, further enhances its value and potential. Currently zoned for commercial retail use, this versatile land offers a multitude of development possibilities. The property consists of two contiguous parcels, legally described as 3 North Dallas Avenue & 4 Stanford Drive, Lancaster, Dallas County, Texas 75134, providing flexibility for various commercial ventures. This prime location and substantial acreage make this an exceptional opportunity for investors seeking high-growth potential in a rapidly developing area. The asking price is $350,000.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $8,291,780

  Retail / Commercial

  $4,264,250

  Mixed-Use / Specialty

  $4,258,720

  Hospitality / Lodging

  $3,137,070

  Office

  $4,243,490

  Institutional / Educational

  $4,430,810

  Residential Income

  $5,184,040

  Multifamily

  $6,163,860

  Automotive / Energy

  $3,797,830

  Parking / Income-Based Land

  $1,301,030

  Restaurant / Food Service

  $2,235,630

  Healthcare / Senior Housing

  $4,357,320

Location Insight

City

Lancaster

County

Dallas

State

Texas

Latitude

32.617

Longitude

-96.7672

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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