Property summary
This exceptional 6.224-acre commercial land parcel presents a remarkable investment opportunity in the thriving town of Rhome, Texas. Strategically located at the intersection of US Highway 287 and Texas Highway 114, this property boasts unparalleled visibility and accessibility. The site is situated on a corner lot with frontage on the Highway 114 service road, benefiting from a four-way stop, ensuring high traffic flow and excellent exposure for any commercial venture. Zoned for retail, medical, and office uses, this versatile land offers a wide range of development possibilities. The asking price is $2,470,000, translating to approximately $9.00 per square foot. Its proximity to a QuikTrip convenience store further enhances its desirability. The location is also highly advantageous, being just 11 miles from the Texas Motor Speedway and serving as the main exit to Bridgeport, a town known for its lake, camping, and other attractions. Furthermore, the property is part of a larger 3,500-acre master-planned community, promising significant future growth and development in the area. This prime location offers exceptional potential for substantial return on investment. Don't miss this chance to secure a piece of this rapidly developing Texas commercial market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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