504 N Oak Street Roanoke, TX 76262
COMMERCIAL - Roanoke, TX
Property Features for 504 N Oak Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- R73360
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- BRAND & BOWEN'S BLK 27 LOT 4,5,6
- Tax Annual Amount
- 13823
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Electric
Building Details
- Year built
- 1985
- Floors in Building
- 2
- Number of units
- 8
- Flooring type
- Vinyl, Carpet
- Building materials
- Frame
- Roof type
- Composition
Listing agent Kelly Horton License #0418194 (817) 688-3200
Listing office Park Place Real Estate Keller, TX (817) 688-3200
Listing date May 29, 2026
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Investment Insights
Based on property information with market context.
The purchase includes both the restaurant building and the two-story office complex, positioned as a combined income opportunity rather than a single-use asset. Current performance figures for the restaurant include gross sales over $1,400,000 and sellers’ discretionary earnings north of $260,000, providing a clear operating benchmark for buyers evaluating the food-and-beverage component.
This configuration can appeal to investors seeking a mixed-use cash-flow strategy with both suite-based income and restaurant revenue under one ownership. It may also fit an operator or owner-user looking to own the restaurant location while benefiting from rental income from the surrounding office suites, with room to improve results by filling the existing vacancies.
Key Highlights
- Two structures with 9,542 SF under roof: a two‑story multi‑tenant office building plus a free‑standing restaurant building
- 8 income‑producing suites currently gross $7,200/month, with 3 vacancies
- Restaurant gross sales over $1,400,000; sellers' discretionary earnings north of $260,000
Local Financial Insights For Specialty 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 | $251.9k | $26.40 |
| − Vacancy | −$11.3k | −$1.19 |
| EGI | $240.6k | $25.21 |
| − OpEx | −$60.1k | −$6.30 |
| NOI | $180.4k | $18.91 |
