1527 Wheatland RdLancaster, TX 75134

This exceptional 4.75-acre commercial land parcel, located at 1527 E Wheatland Road in Lancaster, Texas (zip code 75134), presents a compelling investment opportunity for owner-users or developers. The property boasts a substantial 206,910 square feet and is priced at $500,000, translating to $2.41 per square foot and $105,263 per acre. Its strategic location offers convenient and immediate freeway access to major thoroughfares, including I-20 and I-35, enhancing its appeal for a wide range of commercial ventures. The site features approximately 251 feet of frontage on Killough Boulevard. The City of Dallas has approved a bond program to fund significant road and transportation improvements in the area, including enhancements to Wheatland Road, University Hill, and Killough Boulevard, promising future infrastructure upgrades that will further enhance the property's value and accessibility. The property's zoning allows for diverse redevelopment options, including residential, multifamily, industrial, office, retail, and storage facilities. Furthermore, there's a potential to acquire an adjacent 4.75-acre lot, expanding the total acreage to 9.5 acres, providing even greater development flexibility. This property's combination of size, location, and future infrastructure improvements makes it an ideal investment for those seeking a high-growth potential commercial land opportunity in a rapidly developing area. The proximity to a DART rail station and the UNT Dallas campus adds to its strategic appeal.