Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Tbd Fm 1187 Aledo, TX 76008

    Sponsored
    For Sale
    $3,404,700

    Unimproved Land - Aledo, TX

    Type:Unimproved Land
    Lot size:
    4.00 Acres
    Days on Market:
    340
    Last Refresh:
    Feb 12 at 3:06 pm

    Property Features for Tbd Fm 1187

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    0000000000
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    4.00 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Stacy Lynch
    Stacy Lynch

    eXp Realty, LLC (888) 519-7431

    Listing agent Stacy Lynch (888) 519-7431 License #0329792

    Listing date Mar 10, 2025

    MLS# 20542710 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.

    Learn more

    Overview

    Aledo Commercial Land Opportunity

    This 4-acre commercial land opportunity is located in Aledo, Texas, adjacent to Dean Ranch and in close proximity to downtown Aledo. The property's location offers exposure and convenience for businesses. The site has frontage and presents opportunities for development, including retail establishments, restaurants, and office spaces. The property can be subdivided to suit specific needs. It is located near the Sonic drive-in and other eateries. City water and sewer are available, with existing utilities to the site. The terrain is flat, with easy access, and is ready for immediate development. This property is suitable for establishing a retail center, a dining destination, or modern office spaces in a growing area.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Aledo
    County
    Parker
    State
    Texas
    Longitude
    -97.60213174
    Latitude
    32.7001154

    Nearby Similar for Sale

    • $17,900,000
      3.31 Acres

      Class-A Office Building in Aledo

      Premier office building in a rapidly growing DFW submarket.
      200 Bailey Ranch Rd, Aledo, TX 76008
      View Details
    • $1,600,000
      0.23 Acres

      Prime Retail Building in Aledo

      Highly visible commercial building with drive-through in rapidly growing area.
      621 N Fm 1187, Aledo, TX 76008
      View Details
    • $1,395,000
      4.20 Acres

      Hydroponic Greenhouse Complex on Trinity River

      4-acre hydroponic greenhouse complex with river frontage near Fort Worth.
      411 Koldin Dr, Aledo, TX 76008
      View Details
    • $9,650,000
      3.89 Acres

      Mixed-Use Business Park For Sale

      93% occupied mixed-use business park in fast-growing Parker County.
      9899 E Bankhead Hwy, Aledo, TX 76008
      View Details
    • $749,900
      1.05 Acres

      Aledo Retail Property Near I-30

      1.05+ acre commercial property near I-30 in Aledo, Texas.
      12235 Camp Bowie West Blvd, Aledo, TX 76008
      View Details
    • Contact for pricing

      Aledo Farm and Ranch Land

      Aledo, Texas farm and ranch land available for purchase.
      2401 Bear Creek Rd, Aledo, TX 76008
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime 4-acre commercial land in Aledo, ready for development.
    Where is this commercial land located?
    The property is located at Tbd Fm 1187 Aledo, TX.
    What is the asking price?
    The asking price for this property is $3,404,700.
    What are key features of this property?
    This property features: - Prime 4-acre commercial property in rapidly growing Aledo.; - Strategic location adjacent to Dean Ranch and close to downtown.; - City water and sewer available on-site.
    (888) 519-7431
    Request Owner's contact information
    Tbd Fm 1187 Aledo, TX 76008
    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.
    Tbd Fm 1187
    Aledo, TX 76008
    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
    Tbd Fm 1187 Aledo, TX 76008
    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

    We can help!
    Listing Contact
    Stacy Lynch
    Stacy Lynch
    Real Estate License ID: 0329792
    (888) 519-7431 (817) 908-9567 (972) 387-0300
    Learn more
    Google sign-in failed. Please try again or use another login method.