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331 Old Mill Rd Rhome, TX 76078

For Sale
$645,000

Business - Rhome, TX

Type:Business
Lot size:
0.24 Acres
Days on Market:
186
Last Refresh:
Dec 7 at 8:06 pm

Property Features for 331 Old Mill Rd

General Information

Property type
Commercial Sale
Property subtype
Business
Standard status
Active
APN
S2595006201
Parking features
On Street, Open
Lot size
0.24 Acres

Utilities

Heating system
Other (Heating)
Cooling system
Ceiling Fan(s), Central Air

Building Details

Flooring type
Concrete, Laminate
Building materials
Metal Siding, Steel Siding
Roof type
Metal
Architectural style
Other

Keller Williams Heritage West (817) 441-4000 [email protected]

Listing agent Kate Hogan (817) 441-4000 License #0668947

Listing date Jun 5, 2025

MLS# 20507809 Listing URL

Copyright © 2025 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.


Overview

Historic Gristmill in Growing Area

This property presents an incredible commercial opportunity in an area experiencing rapid growth. It features Texas's first Gristmill, dating back to the 1800s, and is approved for Commercial Light Industrial use. Half of the Gristmill was previously utilized as a contemporary residence. The industrial building offers ample space suitable for various business operations, including manufacturing, storage, or distribution. Potential uses include a mercantile with two main level bathrooms and a front reception area. One side could function as a coffee shop with live music, while the upstairs area could serve as flex space for events or offices. With some clearing in the back for additional parking or a stage, the entire property could be transformed into a venue. The property is located approximately 2 miles from Rolling V Ranch, a 3600-acre master plan of 10,000 homes, and offers an incredible development opportunity in a prime location near Highway 114 and Highway 287, with many commercial and industrial businesses moving to the area. The property is located 29 miles from DFW and 26 miles from Downtown Fort Worth. The lot size is 0.243 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Industrial properties

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Hair Salon Auto Repair Shop Nail Salon Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Rhome
County
Wise
State
Texas
Longitude
-97.469953
Latitude
33.051051

FAQs

What type of property is this?
Industrial property - Commercial opportunity in Rhome, near major development, suitable for various businesses.
Where is this industrial property located?
The property is located at 331 Old Mill Rd Rhome, TX.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: - Prime commercial location in a rapidly growing area near Hwy 114 and Hwy 287.; - Approved for Commercial Light Industrial use, suitable for various business operations.; - Located approximately 2 miles from Rolling V Ranch, a 3600-acre master-planned community of 10,000 homes.
More about this property
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