Dallas, TX 75216,3827 S Lancaster Road
Dallas, TX 75216,3827 S Lancaster Road
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$ 1,090,000
Est. payment | /mo

0.44 Acres Lot


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$ 1,090,000
Est. payment | /mo
Save

0.44 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Liberty Heights

MLS Listing ID 20660492

Total Fin. Sqft 4156

Year Built 1956

Annual Tax Amount $3,147

Lot Size 0.445 Acres

Acres 0.445

Property Description

Prime Investment Opportunity!

Seize the chance to own a fully leased corner lot Retail Shopping Center Strip with an impressive 8.8 CAP Rate. Boasting four thriving tenants, this property not only ensures immediate returns but also boasts recent upgrades, including a complete remodel in 2023 and a brand-new roof and promises immediate returns and potential for growth in a sought-after market area.

Features:

Fully leased with 4 tenants with 3-year lease terms
Solid 8.8 CAP Rate
Pristine investment in a popular market
Immediate income potential

Whether you're expanding your portfolio or diving into real estate investment, this is your gateway to a lucrative asset. Contact us now for further details and to schedule an exclusive tour!

Owner Financing Available

Buyers and Agents are encouraged to verify all provided information.

Do not disturb Tenants!

Location

State TX

County Dallas

Zoning Retail

Direction Head north on I-35 from DeSoto. Take the right exit onto Overton Rd. Turn right onto S Lancaster Rd. The property will be located on your right-hand side.

Interior

Heating Electric

Cooling Wall Unit(s), Window Unit(s)

Flooring Laminate

Heat Source Electric

Exterior

Utilities Available Asphalt

Roof Type Shingle

Parking Type Additional Parking, Asphalt, Concrete, Parking Lot, Paved

Garage No

Building

Lot Description Acreage

Foundation Pillar/Post/Pier

Structure Type Brick,Concrete,Tilt Wall,Other

Others

Ownership Yari Properties LLC

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Pegah Ganji • Grand Estates Internationale

GET MORE INFORMATION

Jeff Kelly

REALTOR® | Lic# 0598866

+1(817) 781-0546

141 NW Renfro St. Suite 113 Burleson TX 76028

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3827 S Lancaster Road