1442 Pleasant Run RdLancaster, TX 75146

  • Gas stations
  • 3,000 SF

Property Details for 1442 Pleasant Run Rd

Year built
1999
Construction
FRAME
Lot size
1.09 AC
Property size (Sq ft)
3,000 SF
Zone code
Z239
Property type
Gas stations
APN
36067600080290000
APU
36067600080290000

Description

This exceptional 0.5-acre commercial land parcel presents a prime development opportunity in the thriving city of Lancaster, Texas. Located at 1442 W. Pleasant Run Road, this single-tenant site boasts high visibility with frontage on both Pleasant Run Road and Rolling Meadows Drive. Its strategic location within a bustling retail corridor, surrounded by established national retailers such as Walmart, Walgreens, and McDonald's, ensures consistent foot traffic and strong brand recognition. The property benefits from its proximity to a dense residential community and an expanding residential development, creating a robust customer base for a variety of commercial uses, including retail, restaurants, or service-based businesses. Easy access to I-35 and other major thoroughfares provides excellent connectivity and accessibility. This ready-for-development land in Dallas County (zip code 75146) offers an unparalleled chance for investors and business owners to capitalize on Lancaster's dynamic growth and establish a significant presence in this emerging market. The property is zoned for commercial use and is ideal for businesses seeking high visibility and convenient access to a large customer base. This is a rare opportunity to secure a prominent location in a rapidly expanding area with significant potential for future appreciation.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $752,141
    6.5%
    $694,284
    7%
    $644,693
  • Comparable approach

    Method
    Valuation
    Relative Method
    $824,915
    Geo Method
    $2,263,388
  • Alternative Use

    Use
    Valuation
    Residential
    $585,655
    Hospitality
    $536,457
    Educational
    $446,326
    Medical
    $461,675
    Retail
    $694,284

Location Insight

City
Lancaster
County
Dallas
State
Texas
Latitude
32.6038
Longitude
-96.7844
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,599
$189,050
$375,000
$564,050
-
$189,050
$375,000
$564,050

FAQs

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