Seller Financing
Address
331 Old Mill Road, Rhome, TX
Price
$ 895,000
Property Attributes
  • MLS#20507809
  • TypeCommercial
  • CountyWISE
  • CityRhome
  • NeighborhoodOriginal Town Rhome
  • Zip76078
  • StyleBusiness
  • Taxes$ 5335
  • Price$ 895,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size10,585 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

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.

Price History
1/8/2024 Listed $895,000

General Features

Heating Other
Cooling Ceiling Fan(s),Central Air,Other
Utilities City Sewer,City Water,Overhead Utilities
Ceiling Height 8 to10 Feet,11 to 14 Feet,15 to 20 Feet,More than 20 Feet
Possession Closing/Funding
Roof Metal
Year Built 9999
Tenant Pays All Utilities,Electricity,Exterior Maintenance,Repairs,Trash Collection,Water
Business Type Commercial,Industrial
Unexempt Taxes 5335
Building Use Industrial,Office,Office/Warehouse,Restaurant,Retail,Storage Warehouse,Wholesale,Other
Average Monthly Lease 4500
Owner Pays Electricity,Insurance,Taxes
Will Subdivide No
Gross Annual Expenses 0.00
Property SubType Business
Subdivision Name Original Town Rhome
Zoning Description Once was zones residentially and commercial. Now it's only zoned commercial.
Occupant Type Vacant
County Wise
Property Type Commercial Sale
Construction Materials Metal Siding,Steel Siding
Year Built Details Preowned
Status Active
Directions From 114 to US 81 service road and go Right on Main,right on Logan and left on Old Mill,property is on the right.
City Rhome
Buyer Agent Compensation 3.00
Street Name Old Mill
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20507809
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Concrete,Laminate
Total Stories 2
Total Units 1
SQFT Gross 4139
Lock Box Type Combo
Street Suffix Road

Exterior Features

Lot Features Few Trees,Level,Varied
Freight Doors No Dock
Lot Size Source Assessor
Parking Features Asphalt,Gravel,On Site,On Street,Open,Outside,Unpaved
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Lot Size Area 0.2430
Lot Size Units Acres
Construction Materials Walls Metal
Building Area Total 4139.00
Road Frontage Type City Street
Lot Size Square Feet 10585.0800
Lot Size Acres 0.2430

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 76078

Price
AVG $640K
$900K
Taxes
AVG $6,764
$5,335
Visits
AVG 80
23
Data Provided by Inside Real Estate®

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