Property profile

21805 Hwy 69 Bullard, TX 75757

OFF-MARKET
Commercial real estate
235.62 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Commercial real estate
Lot 235.62 ac (10,263,607 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21805 Hwy 69 Bullard, TX 75757
Bullard metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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