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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

720 Us-377 Roanoke, TX 76262

27,477 SF 0.55 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Total area 27,477 SF
Lot 0.55 ac (23,958 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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