300 Greene
Lancaster, TX 75146
Land For Sale
·
21.70 AC
Investment Highlights
- Unincorporated/No Zoning in Place
- Potential use includes Industrial or Commercial
- Utilities: 15” Sanitary Sewer and 6” Water existing in Greene Road, plans for 12” water in Sunrise Road
- Located +/- ½ mile from new Walmart Distribution facility and Union Pacific Intermodal
Property Facts
| Property Type | Land | Proposed Use | Industrial |
| Property Subtype | Industrial | Total Lot Size | 21.70 AC |
| Zoning | Z31 | ||
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Industrial |
| Total Lot Size | 21.70 AC |
| Zoning | Z31 |
Description
With access to four interstates (I-20, I-30, I-35E, I-45), and the UP Intermodal terminal, access to the outlying South Dallas submarket serves not only the Dallas-Fort Worth (DFW) market, but the entire country from a central location. The South Dallas submarket’s common story annually has been growth, but construction starts have begun to slow after four consecutive record-setting years. Over 33.2 million square feet has delivered since 2014, nearly 47 percent of the submarket’s total inventory. Vacancy rates have dropped since their peak in 2018, as fewer speculative construction projects start and large blocks of recently delivered space continue to be taken down. However, vacancy is expected to remain higher than DFW market average, due to the high percentage of big-box properties, 70% of the submarket’s total inventory. As fewer infill development sites remain in the neighboring interior submarkets of Great Southwest Arlington and DFW Airport, tenants will continue to push to outlying submarkets like South Dallas.
Property Taxes
| Parcel Number | 65060212510010000 | Improvements Assessment | $0 |
| Land Assessment | $1,147,810 | Total Assessment | $1,147,810 |
Property Taxes
