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$950,000
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Property Description
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.
Full Property Details
Full Property Details for 4686 E Hwy 114
General
- Price: $950,000
- Taxes: $11,169
- Status: Active
- Type: Store
- Source: NTREIS
- MLS ID: 14752926
- Updated: 5/6/2025
- Added to Site: 1, 193 day(s) ago
Business
- Business Type: Storage
Interior
- Flooring: Concrete
Parking
- Parking Features: Oversized
Location
- County: Wise
- Subdivision: GW KNIGHT
- Driving Directions: 114 West to Rhome
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, Gas
- Heating Type: Propane
Utilities
- Sewer: Aerobic Septic
- Utility Description: Septic Available
Structural Information
- Property Detached: Yes
- Detached/Attached: Detached
- Construction: Block
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 6,127
- Sq. Ft. Source: Owner
- Year Built: 1974
Lot Features
- Lot Size (Acres): 2.67
- Lot Size (Sq. Ft.): 116,305.2
- Lot Size Source: Assessor
- Lot Features: Level, Ravine
- Potential Use: Food Service, Industrial, Medical/Dental, Office, Other, Place of Worship, Restaurant, Retail, Warehouse, Wholesale
- Zoning: Com
Financial Considerations
- Tax Amount: $11,169
- Owner Pays: None
- Tenant Pays: All Utilities
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: ACRES: 2.670, ABST: A-486 GW KNIGHT
- Inclusions: Land & Improvements
- Property ID: A0486000500
Listed by Engel&Volkers Dallas Southlake, Tony Maniaci and Engel & Volkers Dallas, Tony Maniaci
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Schools
Schools serving 4686 E Hwy 114
School District:Boyd Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
500 E Morton Ave, Boyd, TX 76023 | PK-3 | 0.9 mi | |
550 Knox Ave, Boyd, TX 76023 | 4-6 | 1.5 mi | |
550 Knox Ave, Boyd, TX 76023 | 7-8 | 1.8 mi | |
700 Knox Ave, Boyd, TX 76023 | 9-12 | 1.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4686 E Hwy 114
Date
Details
Price
Change
Source
4/03/2024
Price Increased
$950,000
15.15%
MLS
2/04/2022
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4686 E Hwy 114
4686 E Hwy 114, Rhome, TX 76078 (MLS# 14752926) is a Store property. 4686 E Hwy 114 is currently listed for $950,000 and was received on February 04, 2022. Want to learn more about 4686 E Hwy 114? Do you have questions about finding other Store real estate for sale in Rhome? You can browse all Rhome real estate or contact a Coldwell Banker agent to request more information.