Bankhead Hwy Aledo, TX 76008
This exceptional 2.49-acre commercial lot presents a remarkable development opportunity in the thriving Aledo, Texas market. Strategically located on Bankhead Highway, the property enjoys unparalleled access to Interstate 20, ensuring excellent connectivity and high visibility for any commercial venture. Situated within the extraterritorial jurisdiction (ETJ), this parcel offers flexibility in development options, catering to a wide range of commercial or light industrial uses. The land boasts a desirable flat topography, simplifying construction and maximizing usable space. This characteristic eliminates costly site preparation and allows for efficient building placement, ample parking, and potential for outdoor storage or equipment areas. The property's size and location make it suitable for a variety of projects, from retail establishments and office spaces to light industrial facilities and distribution centers. The area is experiencing significant growth, presenting a compelling investment opportunity for developers seeking a prime location with strong potential for future appreciation. The asking price is $1,626,966. This is a rare chance to acquire a substantial tract of land in a high-demand area, poised for significant commercial development. Interested parties are encouraged to investigate this exceptional opportunity further. The address is TBD E Bankhead Highway, Aledo, TX.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.