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Property profile & analytics
OFF-MARKET
Commercial real estate

6906 Bankhead Hwy Aledo, TX 76008

2 ac lot
Property ID
US82-4983297
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 2 ac (87,120 SF)
UPID US82-4983297
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
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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