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    287 & Ellis Ln Rhome, TX 76078

    For Sale
    Contact for pricing

    25 Acres, AG Zoning, US 287 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 25.512-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Rhome, Texas area. Located at the highly visible intersection of US Highway 287 and Ellis Lane in Wise County, this property boasts significant frontage on a major thoroughfare, ensuring high visibility and accessibility. The land is zoned for Agricultural (AG) use, offering a versatile platform for a variety of commercial developments. Its expansive size provides ample space for large-scale projects, while the strategic location promises strong potential for future appreciation. The property's proximity to US 287 offers convenient access to major transportation routes, connecting businesses to regional and national markets. With its ideal location and substantial acreage, this property is well-suited for a diverse range of commercial ventures, making it an attractive investment for both developers and entrepreneurs seeking a prime location in a thriving Texas community. The zip code is 76078. The coordinates are 33.0463404 latitude and -97.4797364 longitude. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering.

    Property Features for 0 287 & Ellis Ln

    General Information

    Property type
    Land
    Lot Size
    1,111,303 SF

    HighLights

    • 25.512‑acre commercial land parcel.
    • Located in Rhome, Texas, in Wise County.
    • Zoned AG.
    • Situated at the intersection of US 287 and Ellis Lane.
    • Property address: SEC - U.S. 287 & Ellis Ln, Rhome, TX 76078.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rhome
    County
    Wise
    State
    Texas
    Longitude
    -97.4797364
    Latitude
    33.0463404

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    FAQs

    What type of property is this?
    Land - 25 Acres, AG Zoning, US 287 Frontage
    Where is this land located?
    The property is located at 287 & Ellis Ln Rhome, TX.
    What are key features of this property?
    This property features: 25.512-acre commercial land parcel.; Located in Rhome, Texas, in Wise County.; Zoned AG.
    (214) 526-3626
    Request Owner's contact information
    287 & Ellis Ln 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
    287 & Ellis Ln Rhome, TX 76078
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