Property profile

21805 Hwy 69 Bullard, TX 75757

OFF-MARKET
Retail properties & Spaces
1,320 SF 268.02 ac lot
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Property summary

AI-generated overview

This exceptional 268.02-acre property, located at 21805 Highway 69 South in Bullard, Texas (zip code 75757), presents a unique investment opportunity. The listing encompasses the east side of the total acreage and offers unparalleled potential for a flagship development. This premium parcel boasts significant highway frontage, making it ideal for a diverse range of uses, including high-density residential, retail, hotel, resort-style golf, or an auto dealership. The possibilities are extensive. The property includes a 1,320 square foot, single-story building. While the owner is willing to sell the east and west sides separately, they will not subdivide the parcels further. However, the owner is open to selling to multiple buyers simultaneously, provided all contracts close concurrently. This remarkable opportunity also includes a main home situated across Highway 69. The property is situated in Smith County, Texas, and offers a strategic location for significant development. This is a rare chance to acquire a substantial tract of land with exceptional visibility and access, poised for substantial growth and return. The asking price for this expansive property is $16,227,000.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,320 SF
Lot 268.02 ac (11,674,951 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
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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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