Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    2050 Roanoke Rd Keller, TX 76262-9616
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2050 Roanoke Rd Keller, TX 76262-9616

    View on Map
    • Office buildings
    • 277,580 SF
    • 13.18 lot acres
    Off-Market
    Last Sale Jan 6, 2021
    Property ID
    US82-5305651
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $7,985,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 2050 Roanoke Rd

    Year built
    2001
    Lot size
    13.18 lot acres
    Property size
    277,580 SF
    Property type
    Office buildings
    APN
    7341-1-1
    APU
    734111

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Keller
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2299
    Latitude
    32.9787
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $273,212
    $1,434,758
    $12,265,242
    $13,700,000
    -
    $1,434,758
    $12,265,242
    $13,700,000

    Comparable in this City

    • Value Estimation
      $21,580,000
      645,587 SF

      1301 Solana Blvd, Unit 1

      OFFICE BUILDING (MULTI-STORY) • 645,587 SF
      1301 Solana Blvd, Westlake, TX 76262-4604
      View Details
    • Value Estimation
      $38,965,000
      1,420,661 SF

      2 Destiny Way

      OFFICE BUILDING (MULTI-STORY) • 1,420,661 SF
      2 Destiny Way, Westlake, TX 76262-8100
      View Details
    • Value Estimation by Request
      1,696 SF

      2646 Sam School Rd

      OFFICE BUILDING • 1,696 SF
      2646 Sam School Rd, Westlake, TX 76262-5916
      View Details
    • Value Estimation by Request
      1,872,003 SF

      1300 Solana Blvd

      OFFICE BUILDING • 1,872,003 SF
      1300 Solana Blvd, Westlake, TX 76262
      View Details
    • Value Estimation
      $2,545,000
      44,591 SF

      1301 Solana Blvd, Unit 4

      OFFICE BUILDING (MULTI-STORY) • 44,591 SF
      1301 Solana Blvd, Westlake, TX 76262-4604
      View Details
    • Value Estimation
      $43,965,000
      1,603,686 SF

      1 Destiny Way

      OFFICE BUILDING (MULTI-STORY) • 1,603,686 SF
      1 Destiny Way, Westlake, TX 76262-8103
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,000 SF

      Spacious Office Building For Sale

      3,000 sq ft office building in prime location.
      309 N Oak St, Roanoke, TX 76262
      View Details
    • $999,000
      Pending

      Runway Hangar with Office Space

      11,000 SF hangar with office at Aero Valley Airport.
      11507 Airway Blvd, Roanoke, TX 76262
      View Details
    • $550,000
      0.17 Acres

      Westlake Homesite in Entrada

      Homesite in master-planned community with European-inspired design.
      52 Cardona Dr, Westlake, TX 76262
      View Details
    • $2,800,000
      12.00 Acres

      Flower Mound Acreage with Renovated House

      12-acre tract with renovated house, barn, and development potential.
      3701 Haynes Rd, Roanoke, TX 76262
      View Details
    • $675,000
      0.19 Acres

      Westlake Homesite in Entrada Community

      0.1884-acre homesite in Westlake's Entrada community.
      28 Castellon Dr, Westlake, TX 76262
      View Details
    • Contact for pricing

      Roanoke TX Land For Sale

      5.64 Acres of Commercial Land in Roanoke, Texas
      Bobcat Blvd, Roanoke, TX 76262
      View Details

    Similar Nearby for Lease

    • $5,000 /Mo
      19,646 SF

      Roanoke Office Building For Rent

      3,700 SF office building near Old Town Roanoke.
      208 Highway 377 N, Roanoke, TX 76262
      View Details
    • Contact for pricing

      Corporate Campus in Westlake, Texas

      Master-planned corporate campus with amenities in the DFW Metroplex.
      1301 Solana Blvd, Westlake, TX 76262
      View Details
    • Contact for pricing

      Roanoke Warehouse and Office Spaces

      Flexible warehouse, office, and commercial spaces available for rent.
      1230 Tx-114, Roanoke, TX 76262
      View Details
    • $795 /Mo

      Northlake Office Space Available

      Office space available within existing real estate office in Northlake.
      4451 Dale Earnhardt Way, Northlake, TX 76262
      View Details
    • $4,400 /Mo
      102,802 SF

      Former Medical Office Space Available

      Roanoke office space, previously Baylor Scott and White medical office.
      610 E Byron Nelson Blvd, Roanoke, TX 76262
      View Details
    • Contact for pricing
      29,681 SF

      Refurbished Office Space for Lease

      29,681 SF office space with modern amenities in Westlake.
      2050 Roanoke Rd, Westlake, TX 76262
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2050 Roanoke Rd
    Keller, TX 76262-9616
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!