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OFF-MARKET
Specialty properties

457 Dr M Roper Pkwy Bullard, TX 75757

6,625 SF 3.7 ac lot Built 2001
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a single-tenant, 100% occupied veterinary clinic in Bullard, Texas. The property, boasting 6,625 square feet, is situated on a 3.697-acre lot with excellent visibility, featuring approximately 210 feet of frontage on Doctor M. Roper Pkwy and 485 feet on Robert Walker Rd. The building, constructed in 2001, is a Class B, single-story structure within a C-2 zoned area. The property is part of a multi-asset portfolio and benefits from a strong, credit-rated national tenant, "Our Family Vet," under a 5-year NNN lease commencing July 1, 2024, with a 7.66% cap rate and a current NOI of $60,288. The lease includes a 2% annual rent increase. The strategic location, approximately 0.88 miles north of the FM 344 and Hwy 69 intersection, provides easy access to a high-traffic corridor serving East Texas markets. Bullard's proximity to Tyler (15 miles) and Dallas (100 miles) further enhances its appeal. This is a core investment opportunity with significant potential for long-term growth and stable income. The property's three buildings are strategically positioned to maximize functionality and efficiency. The asking price for this exceptional asset is $787,000. Further details are available upon request.

Property profile
Verified
Property type Specialty properties
Year built 2001
Total area 6,625 SF
Lot 3.7 ac (161,041 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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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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