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    Highway 377 Roanoke, TX 76262

    For Sale
    $4,639,140

    Build-to-Suit Opportunity in DFW Corridor

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 3.55-acre commercial property presents a rare opportunity in the thriving DFW Alliance Corridor. Located at the strategic intersection of Parish, Highway 377, and South Oak Street in Roanoke, Texas, this site boasts unparalleled accessibility, just minutes from Alliance Airport and DFW International Airport. Currently zoned for commercial use, this location is perfectly suited for retail development and capitalizes on the growing appeal of Old Town Roanoke. The property's prominent position ensures high visibility and convenient access for customers. The seller offers a compelling Build-to-Suit option, providing flexibility for developers to create a structure tailored to their specific business needs and vision. This allows for customized design and construction, maximizing the potential of this prime location. This is an exceptional chance to establish a business in a rapidly expanding area with strong infrastructure and a vibrant community. The property's size and location make it an ideal investment for businesses seeking a high-impact presence in the DFW Metroplex. Don't miss this unique opportunity to secure a prominent position in one of North Texas's most dynamic commercial corridors. The asking price is $4,639,140.

    Property Features for Highway 377

    General Information

    Property type
    Other commercial real estate
    Lot Size
    154,638 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Roanoke
    County
    Denton
    State
    Texas
    Longitude
    -97.23039
    Latitude
    32.99913

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    FAQs

    What type of property is this?
    Commercial real estate - Build-to-Suit Opportunity in DFW Corridor
    Where is this commercial real estate located?
    The property is located at Highway 377 Roanoke, TX.
    What is the asking price?
    The asking price for this property is $4,639,140.
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    Highway 377 Roanoke, TX 76262
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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
    Highway 377 Roanoke, TX 76262
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