Old Denton Rd Roanoke, TX 76262
This exceptional 24-acre property in Roanoke, Texas presents a remarkable investment opportunity. Its prime location offers unparalleled access to major transportation arteries, including Interstate 35, Highway 170, and Highway 114. The property's proximity to the future North Beach extension further enhances its strategic value. The area boasts a strong industrial presence, with nearby distribution centers such as Walmart, Calloways, Amazon, and a Facebook data center. For those seeking recreational opportunities, Texas Motor Speedway and Alliance Airport are also within a short distance. Currently enjoying an agricultural exemption, the land features existing wildlife. The versatility of this expansive tract allows for a wide range of future development possibilities, including residential projects, RV parks, and light industrial uses. The possibilities are numerous, making this a truly unique and highly desirable property for discerning investors seeking a strategic location with significant growth potential. The existing agricultural exemption provides immediate tax advantages. This is a rare opportunity to acquire a substantial land holding in a rapidly developing 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
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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.