Property summary
Exceptional 127.74-acre commercial land opportunity in Rainbow, Texas, boasting over 1,000 feet of Highway 67 frontage and a half-mile of Brazos River frontage. This prime location offers unmatched visibility and accessibility, situated just outside Glen Rose, a thriving tourist destination known as the "Dinosaur Capital of Texas," and within an hour of both Fort Worth and Dallas. The property benefits from the significant tourist traffic generated by Glen Rose (over 400,000 annual visitors) and nearby Granbury, "America's Best Historic Small Town," with its numerous year-round events. The absence of zoning or restrictions allows for a wide range of development possibilities. Preliminary engineering for an RV-tiny home resort is available, presenting a compelling option for investors. However, the property's versatility extends beyond this, making it ideal for those seeking a scenic and expansive riverfront property for personal use or alternative commercial ventures. This unique parcel presents an exceptional investment opportunity with immense potential for residential, recreational, or commercial development. The asking price is $5,495,400. The property is located at 5266, 1152 E Hwy 67 Unit A, Rainbow, Somervell County, Texas, 76077.
Property profile
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Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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