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    604 Oak St Roanoke, TX 76262

    For Sale
    $999,000

    Prime Roanoke commercial land, build-to-suit option.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional 0.71-acre commercial property presents a unique investment opportunity in the thriving DFW Alliance Corridor. Strategically located at the intersection of SH 114W and Oak Street in Roanoke, Texas, this site offers unparalleled access to major transportation arteries and a vibrant community. Its versatile zoning allows for the construction of a building up to four stories, providing ample space for a wide range of commercial ventures. The property's proximity to Alliance Airport (just 5 minutes away) and DFW Airport (15 minutes away) ensures seamless connectivity for businesses and their clients. This prime location also places your enterprise at the gateway to the historic charm of Old Town Roanoke, offering a unique blend of accessibility and community engagement. The current owner is offering a compelling build-to-suit option, providing flexibility and customization to meet the specific needs of the future occupant. This is an exceptional chance to establish a prominent presence in a rapidly growing area with strong infrastructure and a desirable location. The asking price for this remarkable property is $999,000. Don't miss this opportunity to secure your business's future in the heart of the DFW Alliance Corridor.

    Property Features for 604 Oak St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    30,928 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Denton
    State
    Texas
    Longitude
    -97.2262
    Latitude
    33.00352

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Roanoke commercial land, build-to-suit option.
    Where is this commercial real estate located?
    The property is located at 604 Oak St Roanoke, TX.
    What is the asking price?
    The asking price for this property is $999,000.
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    604 Oak St 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
    604 Oak St Roanoke, TX 76262
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