About This Restaurant
Investment Highlights
High traffic count of 14k cars per day 2.67 Acres Water Well 10,000 New Homes going in the area Tx-114 Hwy 500 Foot Frontage Outside City Limits
Executive Summary
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 14k 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 available for lease for $7500 a month.
Property Details
- Sale Type Investment or Owner User
- Sale Condition 1031 Exchange
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail TruckStop Industrial Distribution Industrial Manufacturing Restaurant
- Building Size 6,127
- Building Class C
- Year Built 1974
- Price 950,000
- Price Per SF 155
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.05
- Land Acres 2.67 AC
Amenities
- Dedicated Turn Lane
Property Taxes
Parcel Number | A0486000500 | Improvements Assessment | $407,068 |
Land Assessment | $344,148 | Total Assessment | $751,216 |
Date Created: | 2024-07-16 04:23:39 | Last Updated: | 2024-07-16 04:23:39 |
Address: | 4686 Tx-114 Hwy , Rhome, Texas, 76078 |