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NTREISListing courtesy of Dwell Dallas Realtors, LLC. Information provided by NTREIS

Active

$1,499,000

  • 0.62 acre lot

5000 E Lancaster Avenue

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Listing data updated

About this home

Prime Commercial Development Opportunity. Exceptional investment opportunity featuring and offering in addition to Tract 1, Tracts 2 & 3 along with Residential Lot 2, with a total of nearly 3 Acres offering outstanding potential for commercial or mixed use development. Located in a growing area with excellent…

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Prime Commercial Development Opportunity. Exceptional investment opportunity featuring and offering in addition to Tract 1, Tracts 2 & 3 along with Residential Lot 2, with a total of nearly 3 Acres offering outstanding potential for commercial or mixed use development. Located in a growing area with excellent visibility and accessibility, this property is ideally suited for developers, investors, and business owners looking to capitalize on a wide range of permitted commercial uses. The property is zoned to accommodate retail sales, banks and financial institutions, restaurants, convenience stores with gasoline sales, bakeries, beauty and barber shops, bookstores, drug stores and pharmacies, professional and medical offices, healthcare facilities, studios, and public or civic uses. The zoning also permits alcohol sales for off-premise consumption as well as alcohol service in conjunction with food service establishments, creating additional opportunities for restaurants and retail concepts. The inclusion of Residential Lot 2 provides added flexibility for future development, employee or owner housing, or other approved residential uses. Whether your vision is a neighborhood retail center, medical or professional office complex, restaurant, financial institution, mixed use project, or another commercial venture, this property offers the versatility to bring your plans to life. With strong development potential and a variety of allowable uses, this is a rare opportunity to acquire commercially zoned land in an area experiencing continued growth. Seller will owner finance.

Lot size
0.62 acres
Year built
1959
Property type
UnimprovedLand
Status
Active
MLS number
21348254

Listing courtesy of Dwell Dallas Realtors, LLC

Office phone 214-794-4997

Estimated monthly cost

Estimated payment based on the assumptions shown. It is not a quote, an approval or a rate offer.

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Location

Facts and features

Lot

Lot size
0.62 acres

Building

Year built
1959
Property type
UnimprovedLand

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Listing courtesy of Dwell Dallas Realtors, LLC. Information provided by NTREIS

Information is deemed reliable but not guaranteed.

Listing data updated