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    OFF-MARKET
    Land

    0 Sec - Tx-114 & Graben Rd, Rhome, TX 76078

    71 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 71-acre commercial land parcel is strategically located in Rhome, Texas, within the Fort Worth ETJ (Extra Territorial Jurisdiction), at the intersection of TX-114 and Graben Road, zip code 76078. The property's prime location offers easy access to major employment centers and attractive amenities, including Eagle Mountain Lake. This rapidly developing area is part of the Northwest Independent School District and boasts a less than 30-minute commute to downtown Fort Worth. The site is ideally suited for large-scale development, given its significant size and convenient access to major transportation routes. Future residential development plans in the immediate vicinity include over 2,500 single-family homes, ranging from 1,400 to 3,500 square feet, with pricing starting in the high $200,000s. These homes will feature desirable amenities such as engineered wood floors, smart home automation, and modern fireplaces. The area's strong growth trajectory and proximity to established infrastructure make this a compelling investment opportunity for developers seeking to capitalize on the burgeoning North Fort Worth market. This property presents a unique chance to acquire a substantial land holding in a high-demand location with significant future potential. The property's size and location make it suitable for a variety of commercial uses, offering a high return on investment for the right developer.

    Property profile
    Verified
    Property type Land
    Lot 71 ac (3,092,760 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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