Freestanding Retail Building with Flexible
New
For Sale
$1,750,000
207 E Byron Nelson Boulevard, Roanoke, TX 76262
Versatile freestanding building with an open, flexible layout suited for retail, medical, showroom, or office uses.
Property Size6,708 SF
Lot Size0.62 Acres
Price / SF$260.88
Days on Market2
Property Features for 207 E Byron Nelson Boulevard
General Information
Standard status
Active
Size
6,708 SF
Lot size
0.62 Acres
Property subtype
Retail
Additional Details
Highway Access
Yes
Amenities
large storage area
service lift to second-level attic storage
Building Details
Year Built
2011
Buildings
1
Listing Agency:
Ebby Halliday, REALTORS
(817) 481-5882
Listed By:
Rene Jensen · License #0720823
(214) 532-6823
Source:
Lonestarluxuryrealty
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 30 at 7:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ebby Halliday, REALTORS
Investment Insights
Based on property information with market context.
This freestanding retail space offers an open, flexible floor plan designed to support a range of uses, including retail, medical, showroom, professional office, and owner-user needs. The building is 4,212 SF and sits on a 0.62-acre lot. For day-to-day operations, the property includes a large parking lot and a dedicated storage area, with a convenient service lift that reaches second-level attic storage.
The location is positioned for customer access and visibility along Byron Nelson Boulevard in Roanoke, Texas. The property is described as being just minutes from SH 114, I-35W, and DFW International Airport, supporting efficient regional connectivity across the Dallas-Fort Worth Metroplex.
Built in 2011, the building is presented as well-suited for businesses looking for a flexible interior layout with practical storage and strong site accessibility.
The location is positioned for customer access and visibility along Byron Nelson Boulevard in Roanoke, Texas. The property is described as being just minutes from SH 114, I-35W, and DFW International Airport, supporting efficient regional connectivity across the Dallas-Fort Worth Metroplex.
Built in 2011, the building is presented as well-suited for businesses looking for a flexible interior layout with practical storage and strong site accessibility.
Key Highlights
- 4,212 SF freestanding retail building built in 2011
- 0.62‑acre lot
- Outstanding visibility along Byron Nelson Boulevard
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $167.4k | $24.96 |
| − Vacancy | −$8.4k | −$1.25 |
| EGI | $159.1k | $23.71 |
| − OpEx | −$47.7k | −$7.11 |
| NOI | $111.3k | $16.60 |
6,708 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.59M
$1.39M – $1.86M
NOI $111,342 @ 7.0% cap · market cap 6.36%
Second Best
Office B
$1.33M
$1.17M – $1.55M
NOI $93,275 @ 7.0% cap · market cap 5.33%
Theoretical Best
Multifamily LT 5
$93.81M
$82.08M – $109.44M
NOI $6,566,527 @ 7.0% cap · market cap 375.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
Explore this area
Business Placement
Demographics for 76262, TX
42,592
Population
16,260
Households
2.6
Avg Household Size
37
Median Age
58%
College-Educated
96%
High-School Grad
42.3 sq mi
ZIP Area
1,007
Density / Sq Mi
$143,093
Median Household Income
$72,418
Median Earnings
$1,752
Median Rent
$527,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Versatile freestanding building with an open, flexible layout suited for retail, medical, showroom, or office uses.
Where is this retail space located?
The property is located at 207 E Byron Nelson Boulevard Roanoke, TX.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 4,212 SF freestanding retail building built in 2011; 0.62‑acre lot; Outstanding visibility along Byron Nelson Boulevard
