3827 S LANCASTER ROAD, DALLAS, TX 75216

Homes for sale in Dallas.

Homes for sale in 75216.


3827 S Lancaster Road

Dallas, TX 75216

Status of the property has changed, please contact for details

List Price$1,190,000

Listing Image Listing Image Listing Image Listing Image

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

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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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