Younger Partners Negotiates Sale of 54 Acres in Alvarado for Future Use

ALVARADO, Texas (Feb. 24, 2025)— Younger Partners Senior Vice President Andrew Boster brokered the sale of 54 acres in Alvarado, 21 miles from the Fort Worth CBD and 29 miles from the Dallas CBD, for future development.

Boster represented both the buyer and seller.

The site is just two miles from U.S. 67 and less than six miles from both I-35W and U.S. 287 in  unincorporated Johnson County. “This provides the flexibility of unzoned development in a strategic location for easy access while allowing for a wide range of potential uses,” Boster said. “The submarket has become a sought-after location for industrial investment and development making this a great opportunity for both the buyer and the seller.”

This site lies within the rapidly growing Midlothian-Venus submarket, making it a prime candidate for various types of development.  The deal closed on Jan. 16, 2025.

 “The seller’s family, like many of the families in the Midlothian-Venus submarket owned the property for generations,” Boster added. “Much of the area’s undeveloped land is still being held by long-time landowners who have historically been reluctant to sell. However, after three years of substantial growth, many are reconsidering, creating new opportunities in a previously scarce land market.”

With land still priced per acre rather than per square foot, the Midlothian-Venus submarket remains one of the last affordable options within 25 miles of both downtown Fort Worth and Dallas, making it highly attractive to developers.

“The location of the 54 acres is at the intersection where investor pricing meets developer pricing,” said Boster.

This transaction highlights the increasing demand for land south of Fort Worth, driven by the region’s affordability and expanding infrastructure. The Chisholm Trail Parkway has played a significant role in spurring development in the southern part of the Metroplex, along with I35W, attracting investors and developers looking for opportunities beyond the traditionally high-growth corridors north of Dallas. As expansion continues, Venus remains well-positioned for future development.

Boster, along with Younger Partners Executive Vice President Tom Grunnah, are also marketing 67 acres in Prosper (Denton County) with frontage along FM 1385 and 1.5 miles north of U.S. Hwy. 380. This site is just west of the Windsong Ranch Master Planned community and immediately east and south of several additional new residential developments.