3827 S LANCASTER ROAD, DALLAS, TX 75216
Homes for sale in Dallas.
Homes for sale in 75216.
3827 S Lancaster Road
Dallas, TX 75216
List Price$1,190,000
Listing #21004278
4,156
Square Feet
4
Number of Units
Commercial
Type
About This Property
Prime Investment Opportunity! Seize the chance to own a fully leased corner lot Retail Shopping Center Strip with an impressive 8.06 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 Solid 8.06 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!
Property Features
Location Information
County
Dallas
Subdivision
Liberty Heights
Interior Features
Has Fireplace
No
Floors
Laminate
Heating
Electric
Tenant Pays
All Utilities, Electricity
Cooling
Window Unit(s), Wall Unit(s)
Total Number of Units
4
Exterior Features
Construction
Brick, Other, Concrete, Tilt-Up
Possible Best Use
Automotive, Office, Other, R
Foundation
Pillar/Post/Pier
Zoning
Retail
Roof
Shingle
Building Total Area (Sq. Ft.)
4,156
Parking Description
Additional Parking, Asphalt, Concrete, Paved, Parking Lot
Road Description
City Street, Asphalt
Lot Description
Acreage
Is One Story
No
Lot Size in Acres
0.445
Lot Description
Acreage
Lot Size in Sq. Ft.
19,384
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
3147.0
Property SubType
Retail
Community Features
Sidewalks
Year Built
1956
Lot Acres Source
Public Records
Similar Listings
Mortgage Calculator
$5,556
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$4,288
Monthly Tax
$991
Monthly Insurance
$277
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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