INCREDIBLE COMMERCIAL OPPORTUNITY IN EXPLODING GROWTH AREA! Texas's first Gristmill that dates back to the 1800's. Property is approval for Commercial Light Industrial. Half of the Gristmill was previously used as a Contemporary Residence. This industrial building is perfect for any business operation, with plenty of space for manufacturing, storage, or distribution. This could be a mercantile with two main level bathrooms and front reception area! One side could be a coffee shop with live music, upstairs can be flex space for events, or office. The whole property would be a great venue, given some clearing in the back for more parking or a stage. Approximately 2mi from Rolling V Ranch, a 3600ac master plan of 10,000 homes. 114 and Hwy. 287 and Incredible development opportunity in a prime location with many commercial and industrial businesses moving to the area. Seller is open to lease the property for the right terms. Located 29 miles from DFW and 26 miles from Downtown Fort Worth.
Introducing a prime investment opportunity at 4686 Tx-114 Hwy, Rhome, Texas. This commercial property is perfectly positioned to benefit from the phenomenal visibility and high traffic count of 19k per day in the rapidly growing Rhome, Texas area. Whether you are an end user or an investor looking for a lucrative addition to your portfolio, this property has the potential to meet and exceed your expectations. Featuring 2.67 acres of strategically located land, the property currently offers a white-boxed restaurant or retail space with two direct entrances on State Highway 114. This prime spot is also within easy access of Highway 287 and Highway 81, providing incredible exposure for any business. Property highlights include a newer roof, fresh paint, 3-phase power, 3 brick smokers, 3 restrooms, and ample parking. The seller is open to financing the property with the right terms, making this an attractive proposition for investors and end users alike. Also for lease at $7500 a month.
The median home value in Rhome, TX is $255,700. This is lower than the county median home value of $337,900. The national median home value is $338,100. The average price of homes sold in Rhome, TX is $255,700. Approximately 73.95% of Rhome homes are owned, compared to 21.37% rented, while 4.68% are vacant. Rhome real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rhome real estate agent to arrange a tour today!
Rhome, Texas has a population of 1,774. Rhome is more family-centric than the surrounding county with 38.56% of the households containing married families with children. The county average for households married with children is 36.71%.
The median household income in Rhome, Texas is $78,365. The median household income for the surrounding county is $75,482 compared to the national median of $69,021. The median age of people living in Rhome is 33.6 years.
The average high temperature in July is 95.2 degrees, with an average low temperature in January of 31.9 degrees. The average rainfall is approximately 38.9 inches per year, with 1.4 inches of snow per year.