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    205 Byron Nelson Blvd Roanoke, TX 76262

    For Sale
    $515,000

    Build Your Dream Business Here!

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 0.31-acre lot, located at 205 E Byron Nelson Boulevard in Roanoke, Texas, presents a unique opportunity for entrepreneurs. Previously occupied by a demolished structure, the property is now cleared and ready for immediate development. Its strategic location at the intersection of Oak Street and Byron Nelson Boulevard (Business Highway 114) offers unparalleled visibility and accessibility. Oak Street, renowned as a culinary destination, provides a vibrant and thriving environment, attracting significant foot traffic and customer base. The high-traffic Business Highway 114 ensures excellent exposure to a large customer base. This prime location is ideal for a variety of commercial ventures, from restaurants and retail shops to professional offices and service businesses. The property's size offers ample space for construction, allowing for flexibility in design and functionality. The asking price for this exceptional opportunity is $515,000. Don't miss this chance to establish your business in a highly desirable and rapidly growing area. Act quickly, as properties in this location are in high demand. This is a blank canvas awaiting your vision.

    Property Features for 205 Byron Nelson Blvd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    13,504 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Denton
    State
    Texas
    Longitude
    -97.22488
    Latitude
    33.00407

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    FAQs

    What type of property is this?
    Commercial real estate - Build Your Dream Business Here!
    Where is this commercial real estate located?
    The property is located at 205 Byron Nelson Blvd Roanoke, TX.
    What is the asking price?
    The asking price for this property is $515,000.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    205 Byron Nelson Blvd Roanoke, TX 76262
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