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    720 Us-377 Roanoke, TX 76262

    For Lease
    Contact for pricing

    Prime Retail Space, High Visibility

    Lot size:
    27,477 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    Roanoke Village presents a unique investment opportunity in Denton County. This established retail center, situated at the high-traffic corner of US-377 and Parish Lane, offers exceptional visibility and accessibility. The property encompasses a total of 27,477 square feet, currently featuring one multi-tenant building. A significant portion of the space, approximately 6,000 square feet, is immediately available for lease and is divisible to accommodate various tenant needs. This flexible space is ideal for a variety of retail or restaurant concepts. Beyond the existing building, a highly desirable 0.55-acre pad site is available for sale or build-to-suit, providing an excellent opportunity for a new construction project. The location benefits from its proximity to the heart of Downtown Roanoke, combining the charm of a small town with the amenities of a larger metropolitan area. This property offers a strategic blend of existing space and development potential, making it an attractive option for businesses seeking a prominent location in a thriving community. The site's direct access from US-377 ensures high traffic volume and excellent exposure to a large customer base. This is a rare opportunity to secure a prime retail location in a rapidly growing area.

    Property Features for 720 Us-377

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,477 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    6,000 SF
    Space
    Pad Available
    Size
    0 SF

    HighLights

    • Up to 6,000 square feet of divisible retail space available for lease.
    • 0.55‑acre pad site available for sale or build‑to‑suit (BTS).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Roanoke
    County
    Denton
    State
    Texas
    Longitude
    -97.2334192
    Latitude
    32.9926129

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Space, High Visibility
    Where is this restaurant located?
    The property is located at 720 Us-377 Roanoke, TX.
    What are key features of this property?
    This property features: Up to 6,000 square feet of divisible retail space available for lease.; 0.55-acre pad site available for sale or build-to-suit (BTS).;
    Request Owner's contact information
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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
    720 Us-377 Roanoke, TX 76262
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