For Sale
$745,000

331 Old Mill Rd Rhome, TX 76078

Historic Gristmill, prime Texas location.

Overview

Added:
Dec 11, 2024
Days on market:
137
This unique 4,139 square foot industrial property, situated on a 10,585 square foot lot in Rhome, Texas (76078), presents a compelling redevelopment opportunity. Currently vacant, this flex-space building, zoned for commercial use, offers significant potential for a variety of businesses. The property's history as Texas's first gristmill, dating back to the 1800s, adds character and charm. Previously configured as a contemporary residence and light industrial space, the building boasts two main-level bathrooms and a front reception area, ideal for a mercantile or similar venture. Imagine a coffee shop with live music on one side, and flexible event or office space upstairs. The expansive lot allows for potential expansion, additional parking, or even an outdoor stage. Located approximately two miles from the Rolling V Ranch, a large master-planned community, and conveniently situated near major highways (114 and Hwy 287), this property benefits from its proximity to significant growth and development. The property is only 29 miles from DFW International Airport and 26 miles from downtown Fort Worth, offering easy access to a large workforce and consumer base. The asking price is $745,000 ($180 per square foot). The seller is open to leasing options under the right terms. This is a value-add investment in a rapidly expanding area. The corporation-owned property is for sale by owner.

Highlights

  • 4,139 SF industrial building on a 10,585 SF lot in Rhome, TX (76078).
  • Vacant flex-space building, commercially zoned, ideal for redevelopment.
  • Historic gristmill (1800s), offering unique character.
  • Two bathrooms and a reception area.
  • Expansive lot allows for expansion and additional parking.
  • Located near major highways (114 & Hwy 287), Rolling V Ranch, DFW Airport, and Fort Worth.

Property Details for 331 Old Mill Rd

Property type
Warehouses, Industrial properties
Square Feet
4,139 SF

Location Insight

City
Rhome
County
Wise
State
Texas
Latitude
33.051073295676
Longitude
-97.470176532648

FAQs

What type of property is this?
Warehouse - Historic Gristmill, prime Texas location.
Where is the warehouse located?
The property is located at 331 Old Mill Rd Rhome, TX.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: 4,139 SF industrial building on a 10,585 SF lot in Rhome, TX (76078).; Vacant flex-space building, commercially zoned, ideal for redevelopment.; Historic gristmill (1800s), offering unique character.
How can I contact the broker?
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331 Old Mill Rd
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