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    Old Denton Rd Roanoke, TX 76262

    For Sale
    $1,675,000

    Exceptional Roanoke acreage, I-35 access.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 24-acre property in Roanoke, Texas presents a remarkable investment opportunity. Its prime location offers unparalleled access to major transportation arteries, including Interstate 35, Highway 170, and Highway 114. The property's proximity to the future North Beach extension further enhances its strategic value. The area boasts a strong industrial presence, with nearby distribution centers such as Walmart, Calloways, Amazon, and a Facebook data center. For those seeking recreational opportunities, Texas Motor Speedway and Alliance Airport are also within a short distance. Currently enjoying an agricultural exemption, the land features existing wildlife. The versatility of this expansive tract allows for a wide range of future development possibilities, including residential projects, RV parks, and light industrial uses. The possibilities are numerous, making this a truly unique and highly desirable property for discerning investors seeking a strategic location with significant growth potential. The existing agricultural exemption provides immediate tax advantages. This is a rare opportunity to acquire a substantial land holding in a rapidly developing area.

    Property Features for Old Denton Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    1,045,440 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Roanoke
    County
    Denton
    State
    Texas
    Longitude
    -97.29818
    Latitude
    32.96539

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    FAQs

    What type of property is this?
    Commercial real estate - Exceptional Roanoke acreage, I-35 access.
    Where is this commercial real estate located?
    The property is located at Old Denton Rd Roanoke, TX.
    What is the asking price?
    The asking price for this property is $1,675,000.
    Request Owner's contact information
    Old Denton Rd 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
    Old Denton Rd Roanoke, TX 76262
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