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    Bobcat Blvd Roanoke, TX 76262

    For Sale
    $70,100

    5.64 Acres, Light Commercial Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 5.64-acre commercial land parcel is located on Bobcat Boulevard in Roanoke, Texas, zip code 76262, within Denton County and the Northwest ISD. Currently offered at auction for $70,100, this property presents a compelling investment opportunity. Its classification as urban land positions it advantageously within the rapidly growing area north of the Dallas-Fort Worth metroplex. The property's potential uses include light commercial development or retail ventures. While there are no formal agreements, the Texas Department of Transportation (TXDOT) has indicated a willingness to install a driveway as part of an upcoming widening project on Highway 377. Furthermore, the utility company plans to relocate an existing electrical easement during the same highway improvement project. This proactive infrastructure development enhances the property's long-term value and accessibility. Please note that special terms and conditions, including a buyer's premium, apply to all sales. This information is for general purposes only and should be independently verified.

    Property Features for 0 Bobcat Blvd

    General Information

    Property type
    Land

    HighLights

    • 5.64‑acre commercial land parcel in Roanoke, TX (76262), Denton County.
    • Auction price: $70,100.
    • Located in rapidly growing area north of the Dallas‑Fort Worth metroplex, suitable for light commercial or retail development.
    • TXDOT plans driveway installation and utility company plans easement relocation during upcoming Highway 377 widening project.
    • Buyer's premium applies.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Roanoke
    County
    Denton
    State
    Texas
    Longitude
    -97.213190072403
    Latitude
    33.022643885864

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    FAQs

    What type of property is this?
    Land - 5.64 Acres, Light Commercial Potential
    Where is this land located?
    The property is located at Bobcat Blvd Roanoke, TX.
    What is the asking price?
    The asking price for this property is $70,100.
    What are key features of this property?
    This property features: 5.64-acre commercial land parcel in Roanoke, TX (76262), Denton County.; Auction price: $70,100.; Located in rapidly growing area north of the Dallas-Fort Worth metroplex, suitable for light commercial or retail development.
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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
    Bobcat Blvd Roanoke, TX 76262
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