Roanoke, TX
Commercial Real Estate Market Trends & Data

$332 Avg asking sale price
$5,204 Avg asking lease rate
24,963 SF Avg unit lease size
9,220 SF Avg building size for sale
7.54% Average cap rate

Roanoke's Demographic Profile

Roanoke has 4,534 households and a median income of $105,924, providing context for rent absorption and tenant demand across retail and multifamily assets. A +21% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 12,046
# Households 4,534
Median age 38
Median household income $105,924
Avg household size 3.0
Renter-occupied housing units 2,122
5-year population change +21%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Roanoke, TX

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Roanoke $400 12,168 SF 7.54%
Trophy Club $370 9,452 SF 7.54%
Westlake $400 10,357 SF 7.54%
Keller $337 5,649 SF 7.50%
Nearby Retail Markets Avg Cost/SF Typical Size
Roanoke $429 13,204 SF
Trophy Club $445 19,050 SF
Westlake $437 17,362 SF
Keller $370 12,292 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Argyle $267 19,526 SF 4.19%
Grapevine $304 4,216 SF 6.27%
Hurst $142 70,308 SF 5.02%

Commercial Properties For Sale in Roanoke

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Mixed-Use Investment Opportunity

Roanoke, TX

  • 7.54% Cap Rate
  • $3,499,000
For Sale

1725 N Hwy 377

Roanoke, TX 76262

  • 6,390 SF Industrial Building
  • $1,450,000
For Sale

Northlake Pad Site

Northlake, TX 76262

  • 0.79 AC Lot
  • 1 Commercial Lot
  • $795,000
For Sale

1725 N Hwy 377

Roanoke, TX 76262

  • 6,390 SF Industrial Building
  • $850,000
For Sale

14321 Allen Trl

Roanoke, TX 76262

  • 5.06 AC Lot
  • 1 Residential Income Lot
  • $1,200,000
For Sale

Vacant Childcare Center - Trophy Club, TX

Trophy Club, TX 76262

  • 15,726 SF Specialty
  • $3,200,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Roanoke pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Roanoke $332 9,220 SF
Trophy Club $317 14,529 SF
Westlake $350 12,150 SF
Northlake $183 21,146 SF
Keller $434 8,576 SF

Regional Demographic Comparison

This comparison places Roanoke alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Roanoke or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Roanoke 12,046 4,534 38 $105,924 3 2,122 21%
Trophy Club 15,268 5,085 44 $168,270 3 437 17%
Westlake 2,170 729 45 $187,604 3 65 8%
Northlake 13,981 4,939 37 $109,076 3 1,379 25%
Keller 46,366 15,872 44 $150,551 3 2,917 5%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Roanoke, TX and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Roanoke

View All Commercial Real Estate For Sale in Roanoke
Is Roanoke a good market for a first-time commercial real estate investor?

Roanoke offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Roanoke?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Roanoke. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Roanoke?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Roanoke. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Roanoke compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Roanoke. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Roanoke acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Roanoke, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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