13999 Fm 344Bullard, TX 75757

Property Details for 13999 Fm 344

Year built

2022

Lot size

1.10 AC

Property size (Sq ft)

10,580 SF

Property type

Retail space

APN

1-79630-0000-00-001000

APU

179630000000001000

Description

This exceptional 2.4-acre commercial and industrial land parcel presents a unique investment opportunity in Bullard, Texas. Located at the highly trafficked intersection of FM 344, just south of Tyler and near Lake Palestine, this level lot boasts a prime location with excellent visibility. The property is conveniently situated near a recently opened Family Dollar/Dollar Tree store and a thriving Dollar General store across the street, indicating strong retail potential in the area. All utilities are readily available, making this site ideal for immediate development. The unzoned property offers flexibility for a variety of commercial or industrial uses. Its strategic location provides easy access to major roadways, including State Highway 155 (5-minute drive) and State Highway 69 (10-minute drive), ensuring convenient transportation for businesses and customers. Despite its rural setting, the land is surrounded by numerous residential subdivisions, providing a substantial customer base. The asking price is $369,000, with a land value of $3.49-$3.50 per square foot. This is a rare opportunity to acquire a ready-to-develop site in a high-growth area of East Texas. The property is cleared and ready for your vision.

• CAP approach

  CAP return

  Valuation

  6%

  $2,684,170

  6.5%

  $2,477,700

  7%

  $2,300,720

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,609,340

  Geo Method

  $3,294,250

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,852,010

  Mixed-Use / Specialty

  $2,460,680

  Hospitality / Lodging

  $1,794,660

  Office

  $2,437,540

  Institutional / Educational

  $2,555,190

  Residential Income

  $2,989,570

  Multifamily

  $3,630,910

  Automotive / Energy

  $2,190,160

  Parking / Income-Based Land

  $763,886

  Restaurant / Food Service

  $1,262,350

  Healthcare / Senior Housing

  $2,531,780

Location Insight

City

Bullard

County

Smith

State

Texas

Latitude

32.1287

Longitude

-95.3063

CBSA code

46340

CBSA name

TYLER, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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