Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Aledo, TX Commercial Land Title is generated by Realmo AI

    000 Broadway Aledo TX, Aledo, TX 76008

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Commercial land available for lease or purchase in Aledo, TX.

    Type:Retail, Office, Special Purpose
    Lot size:
    2.00 Acres
    Added:
    May 6, 2024
    Days on Market:
    759
    Last Refresh:
    May 12 at 9:22 pm

    Property Features for 000 Broadway Aledo TX

    General Information

    Standard status
    Active
    Lot size
    2.00 Acres
    Property subtype
    Retail, Office, Special Purpose

    Spaces For Lease

    at 000 Broadway Aledo TX Contact us

    Available Space 2 $17/Mo

    Size
    4,000 SF
    Type
    Retail, Office, Special Purpose
    Contact us

    Available Space 1 $17/Mo

    Size
    25,000 SF
    Type
    Retail, Office, Special Purpose
    Bring your business to Parker County, Aledo, TX. Broadway Business Park has 2 access...
    show more
    Contact us

    Available Space 3 $17/Mo

    Size
    7,000 SF
    Type
    Retail, Office, Special Purpose
    Contact us

    Available Space 4 $17/Mo

    Size
    14,000 SF
    Type
    Retail, Office, Special Purpose
    Contact us

    We can help!

    Listing Contact
    Stacy Lynch
    Stacy Lynch

    Listing agent Stacy Lynch License #TX0329792

    Listing office Lynch Legacy Group

    Listing date May 6, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Lynch Legacy Group

    HighLights

    • Strategic location with access to both I‑20 Frontage Rd and Bankhead HWY.
    • Build‑to‑suit options available for both purchase and lease.
    • Purchase option offers a substantial building size range of 16,000 SF - 25,000 SF on 2 acres.
    • Lease option provides flexibility with a building size range of 4,000 SF - 25,000 SF.
    • Located in Parker County, Aledo, TX.
    • Situated within Broadway Business Park.

    Overview

    This commercial land is located in Aledo, Texas, within Parker County. Situated in Broadway Business Park, the property benefits from two access points: one from the I-20 Frontage Road and the other from Bankhead Highway. Opportunities are available to lease or purchase. The purchase option includes a build-to-suit opportunity for structures ranging from 16,000 to 25,000 square feet on 2 acres. The lease option offers build-to-suit opportunities ranging from 4,000 to 25,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Aledo
    County
    Parker
    State
    Texas
    Longitude
    -97.6185
    Latitude
    32.6901

    Nearby Similar for Lease

    • $10,000/Mo

      Flex Retail Space for Lease

      Flexible 5,000 SF retail-office option available May 2026 in a high-growth, affluent area near local schools.
      10450 E Bankhead Highway, Aledo, TX 76008
      View Details
    • $30 SF/Yr

      Class-A Medical Office & Office Campus

      Purpose-built office campus with conferencing, training, kitchens, and backup power for medical or corporate operations.
      200 Bailey Ranch Road, Aledo, TX 76008
      View Details
    • $17 SF/Yr

      Flex Space with Office and Warehouse

      Flex space with private, climate-controlled offices and a roll-up door-equipped warehouse for efficient day-to-day operations.
      118 Marble Court, Aledo, TX 76008
      View Details
    • $3,800/Mo
      3,800 SF

      Retail, Office, and Warehouse Space

      Retail, office, and warehouse spaces available for lease.
      9901 E Bankhead Hwy, Aledo, TX
      View Details
    • Contact for pricing
      9,080 SF

      Aledo Warehouse with Yard

      9,080 SF warehouse with yard and storage building.
      102 Bear Cat Rd, Aledo, TX 76008
      View Details
    • $10,000/Mo
      5,000 SF

      Flex Retail Space Available

      5,000 SF flex retail space in fast-growing market.
      10450 E Bankhead Highway, Aledo, TX 76008
      View Details
    • $17 SF/Yr
      2,500 SF

      Versatile Flex Space with Warehouse

      Flex space with offices and warehouse, ready for immediate use.
      118 Marble Court #D, Aledo, TX 76008
      View Details
    • $20 SF/Yr
      1,250 SF

      Aledo Office/Medical Space Available

      Office and medical space for lease in Aledo, Texas.
      111 Larson Ln, Aledo, TX
      View Details
    • $30 SF/Yr
      46,912 SF

      Adaptable Class-A Office/Medical Space

      Versatile office/medical space in a rapidly growing submarket.
      200 Bailey Ranch Road, Aledo, TX 76008
      View Details
    • Contact for pricing
      3,979 SF

      New Office/Medical/Retail Building

      New 7,260 SF office/medical/retail building in Willow Park.
      247 Willow Bend Dr Willow, Park, TX 76008
      View Details
    • Contact for pricing
      10,000 SF

      New Construction Office Space Available

      New office space for rent, divisible to 2,500 SF.
      252 Bailey Ranch Rd, Aledo, TX 76008
      View Details
    • Contact for pricing

      Aledo Industrial Land For Lease

      1.5 acres available for lease in Aledo, Texas.
      111 Vernon Rd, Aledo, TX 76008
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land available for lease or purchase in Aledo, TX.
    Where is this commercial land located?
    The property is located at 000 Broadway Aledo TX Aledo, TX.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Strategic location with access to both I‑20 Frontage Rd and Bankhead HWY.; Build‑to‑suit options available for both purchase and lease.; Purchase option offers a substantial building size range of 16,000 SF - 25,000 SF on 2 acres.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Stacy Lynch
    Stacy Lynch
    Real Estate License ID: TX0329792
    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
    000 Broadway Aledo, TX, Aledo, TX 76008
    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!