Active

331 Old Mill Road

Rhome TX, 76078

$645,000


$155.83 per sqft

Active

4,139 sqft

Commercial

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.

20507809

MLS ID

December 4, 2024

Updated

Map

331 Old Mill Road
Rhome TX, 76078

Interior Features

Total Stories

2


Floor Description

Concrete, Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s), Other


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.24 Acres


Lot Features

Level, Few Trees


Roof

Metal


Sewer

Public Sewer

Other Property Details

Taxes

$5,335


Tax Frequency

Annually


Days on Market

331


Garage

No


Parking

Asphalt, Gravel, On Site, Open, Outside, On Street, Unpaved


View

No


County

Wise


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/28/2024

Price change

$645,000

-14%

7/1/2024

Price change

$745,000

-17%

Listed by Kate Hogan with Keller Williams Heritage West
Listing Contact: 817-771-3174 

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 12/4/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 12/4/2024 at 8:51 PM UTC

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