223 Dr M Roper Pkwy Bullard, TX 75757
This exceptional 8.34-acre commercial land parcel presents a compelling investment opportunity in Bullard, Texas. Strategically located on the feeder road of Highway 69 South, just north of the intersection with County Road 344, this property benefits from high visibility and convenient access. Highway 69 boasts over 15,000 vehicles daily, ensuring significant traffic exposure for any development. The C-1 (Light Commercial) zoning allows for a diverse range of commercial uses, including offices, retail spaces (restaurants included), multi-family dwellings, and banks. All utilities are readily available on-site, facilitating immediate development. The asking price is $850,000, translating to a land value of $2.33 per square foot. The seller is open to subdividing the land to accommodate buyer needs and is also offering owner financing options, making this an attractive proposition for various investment strategies. This prime acreage sits in a rapidly growing area between Tyler and Bullard, promising strong future returns. The property's address is 223 S Dr M Roper Pkwy, Bullard, TX 75757, in Smith County.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.