Corner Commercial Development
For Sale
$9,500,000
E Hwy 67, Rainbow, TX 76077
LAND - Rainbow, TX
Lot Size33.12 Acres
Days on Market88
Property Features for E Hwy 67
General Information
Property type
Land
Property subtype
Other
Zoning description
Not Zoned
Subdivision
A136 Mila Co Sch Ld
Lot features
Acreage, Corner Lot, Level, Pasture, Few Trees
Directions
Property is located on the Southeast Corner of US Hwy 67 and State Hwy 144. Across from Squaw Valley Golf Club.
Standard status
Active
APN
03897
Lot size
33.12 Acres
Taxes and HOA fees
Tax Description
ACRES: 39.910 TRACT: 11 ABST: A136 A136 MILAM CO S
Tax Annual Amount
26
Legal Description
ACRES: 39.910 TRACT: 11 ABST: A136 A136 MILAM CO S
Utilities
Sewer type
Public Sewer
Water front features
Creek
Listing Agency:
Clark Real Estate Group
(817) 458-0402
Listed By:
Lori Mills · License #0445198
(817) 458-0402
Added: May 6
Changed: Jun 11
Last Checked: Aug 1 at 7:06AM
MLS# 20837785
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a prime corner commercial development site positioned for visibility and flexible planning. The property offers approximately 33.12 acres and includes commercial road frontage, with the added natural feature of being bordered by Squaw Creek. The owner may consider subdividing, which can support a variety of development strategies depending on end-user needs and planning outcomes. Utilities are described as subject to annexation and zoning approval.
The site is located at a major intersection with strong access and gateway potential to Glen Rose, Texas. It is across from Squaw Valley Golf Club and is situated in a high-traffic area with strong visibility. Public remarks also reference national users in the market, including 7-Eleven and McDonald’s, underscoring the commercial character of the surrounding area.
Given its size, corner position, and commercial road frontage, the land is well suited for investors or developers evaluating retail or mixed-use development concepts that require local approval. Prospective buyers should review annexation and zoning requirements for utilities and allowable uses, and consider how the option to subdivide may align with tenant demand and development phasing.
The site is located at a major intersection with strong access and gateway potential to Glen Rose, Texas. It is across from Squaw Valley Golf Club and is situated in a high-traffic area with strong visibility. Public remarks also reference national users in the market, including 7-Eleven and McDonald’s, underscoring the commercial character of the surrounding area.
Given its size, corner position, and commercial road frontage, the land is well suited for investors or developers evaluating retail or mixed-use development concepts that require local approval. Prospective buyers should review annexation and zoning requirements for utilities and allowable uses, and consider how the option to subdivide may align with tenant demand and development phasing.
Key Highlights
- Approximately 33+ acres with commercial road frontage on a corner property at a major intersection
- Bordered by Squaw Creek with creek frontage noted
- Located across from Squaw Valley Golf Club
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 76077, TX
555
Population
239
Households
2.3
Avg Household Size
48
Median Age
18%
College-Educated
98%
High-School Grad
9.2 sq mi
ZIP Area
60
Density / Sq Mi
$199,500
Median Household Income
$44,545
Median Earnings
$576,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land with strong corner visibility and major road frontage, ideal for a range of development concepts subject to approval.
Where is this commercial land located?
The property is located at E Hwy 67 Rainbow, TX.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: Approximately 33+ acres with commercial road frontage on a corner property at a major intersection; Bordered by Squaw Creek with creek frontage noted; Located across from Squaw Valley Golf Club
