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Property profile & analytics
OFF-MARKET
Estimated value
$3,400,000
Commercial real estate
311 Oak St Roanoke, TX 76262-6714
Entity Owned
~
Est. High Equity
Property ID
US83-1926661
Property summary
AI-generated overview
Roanoke Commons, located at 311 S Oak St, Roanoke, TX 76262, offers 15,000 square feet of Class A office space in a single, two-story building constructed in 2018. This Denton County property features 17 suites, with spaces ranging from a minimum of 1,161 square feet to a maximum contiguous space of 3,477 square feet. The building boasts a 15-foot ceiling height and includes elevators for convenient access. Multiple tenancy options are available, making it suitable for a variety of businesses. The property is zoned for both office and medical use, providing flexibility for different professional needs. Currently, two spaces are available. The building offers a move-in ready condition, with the option of including furniture, fixtures, and equipment (FF&E). This prime location in Roanoke, Texas provides easy access to major transportation routes and amenities. The building's modern design and high-quality finishes create a professional and inviting atmosphere. Interested parties should inquire about available suite sizes and lease terms.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2016
Total area
15,050 SF
Lot
0.61 ac (26,659 SF)
APN
R695750
UPID
US83-1926661
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
Current use
Occupant on record · Public records
-
Assign Property Management, LLC Property Management Company
-
Newstream Commercial Real Estate Agency
-
Foster's Restaurant
-
Buchanan Design Studio Corporate Office
-
Galtway Industries Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.13M
Comparable Approach
Comparable
$3.67M
Blend (final)
Blend
$3.40M
Owner & transaction history
Oak In Roanoke LLC
Oak In Roanoke LLC
since 2025
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.7M
+21.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Roanoke submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roanoke submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,385,000
6.5%
$3,125,000
7%
$2,905,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,240,000
Current use
OFFICE BUILDING
$2,715,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$3.40M
Range $3.06M – $3.74M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$226 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$54,427
Tax year 2023
Assessed value
$3,348,480
Assessed 2024
Previous assessed
$4,700,912
-28.8% YoY
Effective rate
1.63%
On assessed value
Assessed land
$1,119,666
Assessed improvement
$2,228,814
Land market value
$1,119,666
Improvement market value
$2,228,814
Total market value
$3,348,480
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2016
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
15,050 SF
Lot
0.61 ac (26,659 SF)
APN
R695750
UPID
US83-1926661
Jurisdiction
DENTON
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.2M
OFFICE BUILDING
Est. value
$2.7M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.61 ac
Current owner
From public records · entity-resolved
Oak In Roanoke LLC
Entity
Mailing address
311 S OAK ST STE #250, ROANOKE, TX 76262-6719
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2025
—
Oak In Roanoke LLC
Trinity Real Estate Investments Of
Special Warranty Deed
$2,217,000 · American National Bank & Trust Nati
Dec 10, 2021
—
Trinity Real Investments Of Tx LLC
Henry I Cole
Warranty Deed
$2,358,581 · Interbank
Apr 23, 2018
—
Cole Living Trust
—
Deed
related
$681,850 · First St Bk/ft Dodge
—
—
Cole Living Trust
—
Loan Modification
related
$1,792,854 · First St Bk/ft Dodge
—
—
Cole Living Trust
—
Deed Of Trust
related
$681,850 · First St Bk/ft Dodge
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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