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Property profile & analytics
OFF-MARKET
Commercial real estate

Bankhead Hwy Aledo, TX 76008

2.49 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 2.49 ac (108,464 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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CAP Approach CAP
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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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