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    207 Byron Nelson Blvd Roanoke, TX 76262

    For Sale
    $1,800,000

    Mixed-use, high-traffic location.

    Property size:
    4,212 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 4,212 square foot, two-story building at 207 E Byron Nelson Blvd, Roanoke, TX 76262, presents a compelling investment opportunity for owner-occupants or investors. Constructed in 2012, the property boasts a prominent location on a busy thoroughfare, ensuring high visibility and substantial foot traffic. The single-tenancy building is zoned for commercial use and offers a versatile layout suitable for a variety of businesses, including pharmacy/drug stores, storefronts, and traditional office spaces. Ample parking is available, catering to both customers and employees. The building's 4,212 square feet are spread across two stories, providing ample space for operations or expansion. The current lease expires February 1st, 2025, offering flexibility for future plans. This stand-alone building in Denton County represents a rare opportunity to acquire a well-located, versatile commercial property in a thriving Texas market. The asking price is $1,800,000. This property is ideal for those seeking a strong investment with significant potential for growth and return. Don't miss this chance to secure a prime commercial asset in a desirable location.

    Property Features for 207 Byron Nelson Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,212 SF

    Building Details

    Year Built
    2012
    Buildings
    1
    Stories
    2

    HighLights

    • 4,212 SF two‑story building at 207 E Byron Nelson Blvd, Roanoke, TX 76262.
    • Built in 2012, located on a high‑traffic thoroughfare.
    • Single‑tenant building, commercially zoned, suitable for various uses (pharmacy, retail, office).
    • Ample parking.
    • Lease expires February 1, 2025.
    • Asking price: $1,800,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Px Pharmacy And Gift ... Pharmacy Medical Waste Pros Waste Management Service Roanoke Pharmacy and Gift ... Pharmacy A&p Pharmacy Dba ... Pharmacy

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Denton
    State
    Texas
    Longitude
    -97.2246257
    Latitude
    33.0039764

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    FAQs

    What type of property is this?
    Individual retail property - Mixed-use, high-traffic location.
    Where is this individual retail property located?
    The property is located at 207 Byron Nelson Blvd Roanoke, TX.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: 4,212 SF two-story building at 207 E Byron Nelson Blvd, Roanoke, TX 76262.; Built in 2012, located on a high-traffic thoroughfare.; Single-tenant building, commercially zoned, suitable for various uses (pharmacy, retail, office).
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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
    207 Byron Nelson Blvd Roanoke, TX 76262
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