| CREOP

Discover the potential of this 2,562 sf building on a 12,632-sf lot zoned Retail, strategically located near the city’s historical district. Situated on a major thoroughfare minutes from three major highways, this prime real estate gem is just moments away from downtown Dallas and the International Inland Port of Dallas, including The Union Pacific Dallas Intermodal Terminal. Boasting egress and ingress for versatile business opportunities, from restaurants to medical facilities, offices, daycares, beauty salons, and more, this property is currently used for medical purposes but holds endless possibilities for retail, office, and daycare ventures. Buyer and agent to verify potential uses with the city of Lancaster for maximum ROI potential.

Lancaster, Texas is an investment-friendly environment teeming with a dynamic blend of culture, economy, and community. This vibrant trade area is a hub for "Urban Edge Families," making up 24% of the households with a median age of 33.5. These families are predominantly engaged in the Services or Professional sector and enjoy a high homeownership rate of 65.1%, residing chiefly in single-family homes. The average household income stands at $78,583 with a robust disposable income of $63,848, underlining the financial stability of the residents. The area does experience an unemployment rate slightly higher than the national average at 6.4% compared to 4.3%, however, this represents potential for further economic development and growth. Lancaster boasts a population of 24,459 with a gradual increase of 0.82% from the previous census. The median age is 35.4 years, contributing to a youthful and energetic demographic. The area enjoys a high population density at 738.8, and even during the daytime, it maintains an active density of 644.5. In terms of housing, Lancaster presents an almost balanced mix of homeowners and renters at 61.4% and 38.6% respectively. With the median home value estimated at $294,000, there has been a slight decrease over the past year by -0.6%, offering potential investors an opportune moment to invest. This bustling community is characterized by its love for family outings to theme parks, reflecting their active lifestyle and strong family values. Lancaster provides an enticing opportunity for businesses and investors alike to tap into this thriving market rich in potential and diversity.

This property is minutes from downtown Dallas and in close proximity to the International Inland Port of Dallas. Also, this includes The Union Pacific Dallas Intermodal Terminal and one of the largest Inland Ports in the United States.
This property is located on a major throughfare minutes away to three major highways: l-20, l-35, and l-45