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    311 Old Mill Rd Rhome, TX 76078

    For Sale
    Contact for pricing

    Retail property in Rhome, TX, suitable for redevelopment.

    Property size:
    15,500 SF
    Lot size:
    0.97 Acres

    Property Features for 311 Old Mill Rd

    General Information

    Size
    15,500 SF
    Lot size
    0.97 Acres

    Source: Bradford Companies - Fort Worth Agent Shane Benner

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rhome Retail Redevelopment Opportunity

    This property presents an opportunity for investors and redevelopers, aligning with the ongoing development in the area northwest of Downtown Fort Worth. The property offers promising prospects for growth and rejuvenation in this historic locale. The property size is 15500 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Continental Ginning System Manufacturer

    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
    -97.470138
    Latitude
    33.050044

    Nearby Similar for Sale

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    • $575,000
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      Rhome Retail Opportunity on Main

      Commercially rezoned property on Main Street in Rhome, Texas.
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      Gristmill Redevelopment Opportunity

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    • $645,000
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      331 Old Mill Rd, Rhome, TX 76078

      Commercial real estate • 4,139 SF
      331 Old Mill Rd, Rhome, TX 76078
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    FAQs

    What type of property is this?
    Retail property - Retail property in Rhome, TX, suitable for redevelopment.
    Where is this retail property located?
    The property is located at 311 Old Mill Rd Rhome, TX.
    What are key features of this property?
    This property features: - Proximity to Downtown Fort Worth; - Located in an area with burgeoning development; - Opportunity for investors and redevelopers
    (817) 921-8174
    Request Owner's contact information
    311 Old Mill Rd Rhome, TX 76078
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    Rhome, TX 76078
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    311 Old Mill Rd Rhome, TX 76078
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