Sell My Commercial Building in Roanoke, TX

Roanoke buildings do trade

Owners sometimes assume a small city has no buyers. Roanoke has them.

Marcus & Millichap reported (July 1, 2026) the sale of an 11,320-square-foot retail center at 101 S. Oak St. The building, built in 2009, was fully leased to three restaurant operators on NNN leases. The price was not disclosed.

That sale says something about what buyers want here. Leased restaurant space downtown, with tenants paying expenses, found a buyer. Buyers look for income they can underwrite.

Downtown is also changing around those buildings. Community Impact reported (May 5, 2026) that contracts and site plans moved forward for a hotel and convention center at 600 S. Oak St. Buyers will weigh that project when they look at nearby property.

How the broker opinion of value works

A broker opinion of value is the first real step. It answers one question: what would this building likely sell for today.

What goes into it

The broker starts with the property itself. That means the leases, the rent roll, operating expenses, condition, parking, frontage and zoning.

Then the income is tested. Lease terms, remaining term, escalations and tenant credit all change what a buyer will pay. A building with short leases prices differently from one with long ones.

Finally, the building is compared with recent sales of similar property. Not every sale is public, so the broker explains which ones were used and why.

What you get

You get a written opinion with a value range and the reasoning behind it. It is not an appraisal. It is a market view you can test and argue with.

There are no numbers on this page because there is no honest number without your property's facts.

Where to check assessed value

Roanoke properties in Denton County are appraised by the Denton Central Appraisal District. Look up your account there before the call. Appraised value and market value often differ, and both are worth knowing.

Taxes matter to every buyer. Community Impact reported (September 11, 2025) that Roanoke approved a city property tax rate of $0.326182 per $100 valuation for FY 2025-26. Buyers price that cost, and on NNN leases they check how much the tenants reimburse.

From value to closing

After the opinion of value, you decide whether to sell, when and how.

If you move forward, the broker prepares the offering: the property summary, the financials, photos and the lease abstracts. The building is then marketed to buyers who fit, both on the commercial listing portals and through direct outreach.

Offers come in. The broker compares them on price, terms, due diligence period, financing and certainty of close. You choose. The broker then manages the contract, due diligence, title and the path to closing.

For the full scope of the sale side, read about Roanoke investment sales. For raw ground, read about selling Roanoke land.

What happens after you send the form

Daniel reviews what you sent. He calls or emails you back using the contact you gave.

The first step is a short call about the property. Expect questions about the leases, recent capital work, your goals and your timing. If you have a rent roll and operating statement, keep them close.

Engagement terms are put in writing before any marketing starts. TREC's Information About Brokerage Services notice is linked in the site footer, so you can read how brokerage relationships work in Texas.

Not sure you want to sell

Selling is one option. Leasing the vacant space first can raise what a buyer will pay. If that fits, start at lease my commercial building. If you want to keep the building and hand off the day to day, read about commercial property management in Roanoke.

Downtown owners should also read the Old Town and Oak Street submarket guide for context on what is changing near their buildings.