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Property profile & analytics
OFF-MARKET
Commercial real estate

Old Denton Rd Roanoke, TX 76262

24 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 24 ac (1,045,440 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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