720 Us-377 Roanoke, TX 76262
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.