114 Merger 0.72 Acres, Rhome, TX 76078
- Retail properties & Spaces
- 1,227 SF
- 0.72 lot acres
Current Use by Public Records
- Retail properties & Spaces
Property Details for 114 Merger 0.72 Acres
- Lot size
- 0.72 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Land
Description
This exceptional 0.72-acre commercial land parcel is strategically located at the intersection of Hwy 287 and Hwy 114 in Rhome, Texas, offering unparalleled visibility and accessibility. The property boasts 1,227 square feet and is zoned for Retail, Medical, and Office uses, providing flexibility for a variety of development options. Its prime location at the merger of these two major highways, featuring frontage and a corner position on the exit ramp at a four-way stop, ensures high traffic volume and excellent exposure. Situated just 11 miles from the Texas Motor Speedway and within a 3,500-acre master-planned community, this location benefits from significant residential growth and tourism. The property provides convenient access to Bridgeport, a popular destination for lake activities, camping, and other attractions. Further enhancing its appeal, a QuikTrip is slated to open in Q1 2024, adding to the area's commercial vibrancy. Texas Department of Transportation improvements have been approved, further solidifying the long-term value of this investment. The property is situated within the city limits of Rhome and includes cross-access granted for adjacent development, presenting significant expansion possibilities. This is a rare opportunity to acquire a high-visibility commercial lot in a rapidly growing area.
Value Estimations
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AI approach
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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
