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Corner Commercial Development Land

E Hwy 67 Rainbow, TX 76077

E Hwy 67, Rainbow, TX, 76077
$9,500,000
For Sale
$9,500,000

LAND - Rainbow, TX

Lot Size33.12 Acres
Days on Market74

Property Features for E Hwy 67

General Information

Property type
Land
Property subtype
Other
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

Utilities

Sewer type
Public Sewer
Water front features
Creek
Listing Agency Clark Real Estate Group
Granbury, TX
Listed by Lori Mills · License #0445198
Added: May 6 Checked: Jul 18 at 11:06 pm
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.

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

Location Intelligence

Current Use by Public Records

Commercial land

FAQs

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
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More about this property
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