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    21805 Hwy 69 Bullard, TX 75757

    For Sale
    $10,557,000

    235 Acres, Hwy 69 Frontage, Development Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 235.62-acre commercial tract presents a landmark development opportunity in Bullard, Texas. Situated on Highway 69 South, this property offers unparalleled visibility and accessibility. The land is ideally positioned for a diverse range of commercial ventures, including retail, high-density residential, hospitality (hotel/resort), and entertainment (golf course). Its strategic location offers significant advantages, bordering established residential communities like Kiepersol Estates, Cherokee Ridge Subdivision, and Paloma Ridge Subdivision, ensuring a strong existing customer base and residential synergy. The property's size and highway frontage allow for large-scale development projects. Buckey's is already underway on an adjacent parcel, further solidifying the area's growth potential. This is the east side of a larger 268-acre parcel, and while the owner prefers to sell the east and west sides together, they are open to selling to multiple buyers simultaneously, provided all contracts close concurrently. This presents a unique opportunity for multiple investors to secure prime commercial land in a rapidly developing area. The property's potential is vast, making it an exceptional investment for forward-thinking developers. The seller is motivated and open to serious offers.

    Property Features for 21805 Hwy 69

    General Information

    Property type
    Other commercial real estate
    Lot Size
    10,263,607 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bullard
    County
    Cherokee
    State
    Texas
    Longitude
    -95.3647
    Latitude
    32.125

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    FAQs

    What type of property is this?
    Commercial real estate - 235 Acres, Hwy 69 Frontage, Development Opportunity
    Where is this commercial real estate located?
    The property is located at 21805 Hwy 69 Bullard, TX.
    What is the asking price?
    The asking price for this property is $10,557,000.
    (903) 581-7117
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    Realmo Value Estimation

    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

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    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.

    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
    21805 Hwy 69 Bullard, TX 75757
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