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    1325 N Us 377 Roanoke, TX

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    For Sale
    $2,609,000

    Leased retail property with corporate guarantee and rental increases.

    Property size:
    2,582 SF
    Lot size:
    0.66 Acres

    Property Features for 1325 N Us 377

    General Information

    Size
    2,582 SF
    Lot size
    0.66 Acres

    Source: Marcus & Millichap | Columbus Agent Brennan Clegg

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Roanoke Retail Investment Opportunity

    This retail property, located along Highway 377 and Highway 114, offers convenient accessibility with over 84,000 cars per day. Situated along a major retailer corridor, it is near Walmart, The Home Depot, and PetSmart. The property underwent renovations in 2022. The location is approximately 22 miles from Downtown Fort Worth and 33 miles from Downtown Dallas. The surrounding area within a 5-mile radius has an estimated 70,000 residents and an average household income exceeding $170,000. Projections indicate a 13% growth in both household and population within the next 5 years. The property has over 7.5 years remaining on the lease term with a corporate guarantee. The lease includes 10% rental increases every 5 years and multiple renewal options. The property size is 2582 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Roanoke
    County
    Denton
    State
    Texas
    Longitude
    -97.2280069
    Latitude
    32.9604061

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    FAQs

    What type of property is this?
    Retail space - Leased retail property with corporate guarantee and rental increases.
    Where is this retail space located?
    The property is located at 1325 N Us 377 Roanoke, TX.
    What is the asking price?
    The asking price for this property is $2,609,000.
    What are key features of this property?
    This property features: - High Average Household Income: Exceeds $170,000 within a 5-Mile Radius; - High Traffic Location: Easily Accessible by 84,000+ Cars/Day Along Highway 377 and Highway 114; - Strong Lease Term: 7.5+ Years Remaining on Lease Term with Corporate Guarantee
    (614) 360-9800
    Request Owner's contact information
    1325 N Us 377 Roanoke, TX
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    Roanoke, TX
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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
    1325 N Us 377 Roanoke, TX
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