Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Willow Park Commercial Development Land Title is generated by Realmo AI

    Tbd 2.02 Ih-20, Willow Park, TX 76087

    View on Map
    Claim this Listing
    For Sale
    $2,727,721

    Unimproved Land - Willow Park, TX

    Type:Unimproved Land
    Lot size:
    2.02 Acres
    Added:
    Mar 31, 2026
    Days on Market:
    47
    Last Refresh:
    May 16 at 3:06 pm

    Property Features for Tbd 2.02 Ih-20

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R000116467
    Lot size
    2.02 Acres

    Building Details

    Building materials
    Unknown
    Architectural style
    Other

    We can help!

    Listing Contact
    Jim Martin

    Listing agent Jim Martin License #0190058

    Listing office Railhead Realty, LLC 5189 E Ih-20 Service Rd N Suite 106, Willow Park, TX

    Listing date Mar 31, 2026

    MLS# 21224137 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime commercial development opportunity on 2.02 acres in Willow Park's Crown Pointe Commercial Development.
    • Located at the intersection of I‑20 N Service Road and JD Towles Drive, offering high visibility and accessibility.
    • Ideal location for a Hotel, Restaurants, Bank, or Office Buildings.
    • Neighboring businesses include Texas Health Emergency Room, Surgical centers, Senior/Assisted Living facilities, Medical Office Buildings, Restaurants, and Office Buildings.
    • Adjacent to the newly constructed Willow Park Baptist Church campus with a 1,500‑seat sanctuary and a new 4‑court AAU gymnasium under construction.
    • Approximately 400 feet of frontage on I‑20's North Service Road and 400+ feet of frontage on Mary Lou Drive.

    Overview

    This 2.02-acre commercial property is located at the intersection of I-20 North Service Road and JD Towles Drive in the Crown Pointe Commercial Development in Willow Park, Texas. The site could be suitable for a hotel, restaurant, bank, or office building. Neighboring businesses include a Texas Health Emergency Room, two surgical centers, senior independent living, skilled nursing, assisted living, medical office buildings, restaurants, office buildings, and the newly constructed campus of Willow Park Baptist Church, which features a sanctuary with 1,500 seats. A new 4-court AAU gymnasium is currently under construction on the church campus. The property has approximately 400 feet of frontage on I-20's North Service Road and over 400 feet of frontage on Mary Lou Drive.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Willow Park
    County
    Parker
    State
    Texas
    Longitude
    -97.7998
    Latitude
    32.6854

    Nearby Similar for Sale

    • $300,000

      Willow Park Acreage Homesite Opportunity

      1.005 acre homesite in Willow Park, Aledo ISD.
      319 Fairway Drive, Willow Park, TX 76087
      View Details
    • $2,165,803

      Willow Park Commercial Development Opportunity

      2.49-acre property ideal for commercial or light industrial use.
      Tbd E Bankhead Highway, Willow Park, TX 76008
      View Details
    • $1,675,000

      Renovated Office Space in Willow Park

      Newly renovated office space for sale or lease in Willow Park.
      721 Ranch House Road, Willow Park, TX 76087
      View Details
    • $718,740

      Prime Commercial Lot in Willow Park

      Exceptional 0.75-acre commercial tract in rapidly growing Willow Park area.
      0 Shops Boulevard, Willow Park, TX 76087
      View Details
    • $718,740

      Prime Commercial Lot in Willow Park

      Exceptional commercial tract in rapidly growing Willow Park area.
      0 Shops Boulevard, Willow Park, TX 76087
      View Details
    • $13,140,000

      292 Acres in Willow Park

      292 acres of prime real estate in Parker County, Texas.
      4500 White Settlement Road, Willow Park, TX 76087
      View Details
    • $145,000

      Willow Park Acre Homesite

      One acre homesite with views and mature trees.
      459 Point Court, Willow Park, TX 76087
      View Details
    • $3,670,365

      Prime Commercial Lot in Willow Park

      3.83-acre commercial tract in rapidly growing Willow Park area.
      Tbd Shops Boulevard, Willow Park, TX 76087
      View Details
    • $12,500,000

      Expansive Church Campus Opportunity

      Well-located church campus in Willow Park, Texas.
      129 S Ranch House Road, Willow Park, TX 76008
      View Details
    • $2,604,888

      Prime Commercial Land Opportunity

      Unimproved land suitable for retail or restaurant development.
      Tbd I-20, Willow Park, TX 76087
      View Details
    • $2,648,448

      Commercial Land I-20 Frontage

      Prime commercial land for development with utilities in Willow Park.
      Tbd I-20, Willow Park, TX 76087
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.02 acres at I-20 and JD Towles Drive.
    Where is this commercial land located?
    The property is located at Tbd 2.02 Ih-20 Willow Park, TX.
    What is the asking price?
    The asking price for this property is $2,727,721.
    What are key features of this property?
    This property features: Prime commercial development opportunity on 2.02 acres in Willow Park's Crown Pointe Commercial Development.; Located at the intersection of I‑20 N Service Road and JD Towles Drive, offering high visibility and accessibility.; Ideal location for a Hotel, Restaurants, Bank, or Office Buildings.
    (817) 441-2255
    We can help!
    Listing Contact
    Jim Martin
    Real Estate License ID: 0190058
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Tbd 2.02 Ih-20, Willow Park, TX 76087
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!