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    2 James St Roanoke, TX 76262

    For Sale
    $200,000

    Prime Retail/Office Lot, Hwy 377 Access

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 0.22-acre commercial lot presents a remarkable opportunity for businesses seeking high visibility and convenient access. Strategically located on Lot 2 James Street in Roanoke, Texas, this property boasts significant frontage on Highway 377, ensuring substantial traffic exposure and brand recognition. Its prime location offers easy access to major thoroughfares, including Highway 114, facilitating seamless commutes for employees and customers alike. The lot's proximity to downtown Roanoke further enhances its appeal, placing it within easy reach of a vibrant community offering diverse dining, shopping, and entertainment options. The property is ideally suited for a variety of commercial uses, making it an excellent choice for retail establishments or office spaces seeking a prominent location with high foot and vehicle traffic. The absence of existing structures allows for complete design flexibility, enabling businesses to tailor the development to their specific needs and vision. This is a rare opportunity to secure a highly visible and strategically located commercial lot in a thriving Texas community. The asking price is $200,000. Don't miss out on this exceptional investment opportunity.

    Property Features for 2 James St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    9,583 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Denton
    State
    Texas
    Longitude
    -97.16989
    Latitude
    32.9889

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Retail/Office Lot, Hwy 377 Access
    Where is this commercial real estate located?
    The property is located at 2 James St Roanoke, TX.
    What is the asking price?
    The asking price for this property is $200,000.
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    2 James 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
    2 James St Roanoke, TX 76262
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