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.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Industrial / Distribution
$142,301,000
Retail / Commercial
$73,181,900
Mixed-Use / Specialty
$73,086,900
Hospitality / Lodging
$53,837,600
Office
$72,825,500
Institutional / Educational
$76,040,200
Residential Income
$88,967,100
Multifamily
$105,782,000
Automotive / Energy
$65,177,300
Parking / Income-Based Land
$22,328,000
Restaurant / Food Service
$38,367,200
Healthcare / Senior Housing
$74,779,100
Location Insight
City
Lancaster
County
Dallas
State
Texas
Latitude
32.5806
Longitude
-96.8194
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Interstate 35 Lancaster, TX 75146
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Interstate 35 Lancaster, TX 75146
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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