114 Merger 1.15 Acres Rhome, TX 76078
- Retail properties
- 9,100 SF
- 1.15 lot acres
Current Use by Public Records
- Retail properties
Property Details for 114 Merger 1.15 Acres
- Lot size
- 1.15 lot acres
- Property size
- 9,100 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 1.15-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 placement 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 square footage of 9,100, this parcel presents a significant opportunity for businesses seeking a prominent location in a rapidly growing area. The site is conveniently located just 11 miles from the Texas Motor Speedway and serves as the main exit to Bridgeport, providing access to nearby lakes, camping, and other recreational attractions. Further enhancing its appeal, this property is part of a 3,500-acre master-planned community and is within the city limits of Rhome. A QuikTrip is slated to open in Q1 2024, adding to the area's commercial vibrancy. Texas Department of Transportation improvements have been approved, promising further infrastructure enhancements. Cross-access is granted for adjacent development, creating synergistic potential. This is a rare opportunity to acquire a prime commercial property in a thriving Texas market.
Value Estimation
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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
