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Property profile & analytics
OFF-MARKET
Commercial real estate

21805 Hwy 69 Bullard, TX 75757

235.62 ac lot
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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