6906 Bankhead Hwy Aledo, TX 76008
This exceptional 30-acre property presents a remarkable development opportunity in the highly sought-after Aledo ISD, just outside the city limits in Parker County, Texas. Located at 6906 E Bankhead Hwy, Aledo, TX 76008, this expansive land parcel is situated in the Willow Park ETJ and offers a unique blend of commercial, industrial, and residential possibilities. Currently platted into five individual tracts, the property is being offered for sale as a whole, although the seller will consider offers on individual tracts. The land boasts a land value of $3.33 per square foot, with an asking price of $4,350,000. Three tenant-occupied homes are currently on the property, operating under month-to-month leases. These residences utilize private water wells and septic systems. The surrounding area features a mix of high-end and mid-market residential developments, as well as light to heavy industrial properties across the street with Interstate access. This strategic location along Bankhead Highway provides excellent visibility and accessibility. The property's zoning is not specified by the City of Willow Park ETJ, allowing for a wide range of development concepts, including but not limited to industrial facilities, event venues, or residential projects. This is a rare opportunity to acquire a significant land holding in a rapidly growing area with exceptional potential for future development.
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
Similar Nearby for Sale
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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.