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Property profile & analytics
OFF-MARKET
Specialty properties

650 Dr M Roper Pkwy Bullard, TX 75757

130,680 SF
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 650 S Dr M Roper Pkwy, Bullard, TX 75757, presents a unique investment opportunity. The 130,680 square foot building sits on a 3-acre lot boasting 326 feet of road frontage along Highway 69, a high-traffic area with a recorded 15,294 car count. The main structure, a metal building, is currently configured as a church. The property is zoned for commercial use, offering significant flexibility for future development. Bullard, a thriving town in Smith and Cherokee Counties, experienced substantial population growth, increasing from 2,463 in 2010 to 3,318 in 2020 and an estimated 4,232 in 2022. This prime location and substantial building size make this a rare find, ideal for a variety of commercial ventures. The asking price is $1,700,000, translating to $14.54 per square foot. This represents a compelling value proposition given the property's size, location, and zoning potential. The property consists of one building and offers significant potential for redevelopment or repurposing. Serious inquiries are encouraged.

Property profile
Verified
Property type Specialty properties
Total area 130,680 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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