114 Merger 0.52 Acres, Rhome, TX 76078
- Retail properties & Spaces
- 3,000 SF
- 0.52 lot acres
Current Use by Public Records
- Retail properties & Spaces
Property Details for 114 Merger 0.52 Acres
- Lot size
- 0.52 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Land
Description
This exceptional 0.52-acre commercial property is strategically located at the intersection of Hwy 287 and Hwy 114 in Rhome, Texas, offering unparalleled visibility and accessibility. Situated on a corner lot with frontage and a four-way stop off Hwy 114, this site benefits from high traffic counts due to its location at the merger of these two major highways. The property is zoned for Retail, Medical, and Office uses, providing flexibility for a variety of development options. With a total buildable area of 3,000 square feet, this parcel presents a significant opportunity for businesses seeking a prominent location in a rapidly growing area. The site's proximity to a 3,500-acre master-planned community and its position as the main exit to Bridgeport, a town known for its lake, camping, and other attractions, further enhances its appeal. Adding to its desirability, a QuikTrip is slated to open in Q1 2024, bringing increased foot traffic and visibility to the area. The property is also conveniently located just 11 miles from the Texas Motor Speedway. Approved TxDOT improvements will further enhance the area's infrastructure and accessibility. This property is situated within the city limits of Rhome, offering access to municipal services and amenities. Cross-access is granted for adjacent development, providing additional opportunities for synergy and collaboration. This is a rare opportunity to acquire a prime commercial property in a thriving Texas market.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rhome
- County
- Wise
- State
- Texas
- Longitude
- -97.4779
- Latitude
- 33.0507
