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HWY 287 Highway 287, Rhome, TX
Industrial
Vacant Land
Property Description
Developers and Investors ALERT! HWY 287 is future interstate - this property currently has oil and gas lease with 8 well heads and AG lease that can remain for tax purposes until future development. 2 Tracts selling for total of 309 acres - 1269 feet of frontage on HWY 287. Property is totally fenced and cleared - ready for development. Several stock ponds. Current pipeline can be relocated if buyer wishes to work with Gas company. Residential development is a possibility as well as all types of industrial and retail opportunities.
Area Description
Growing area of HWY 287 - Future conversion to Interstate. Decatur is next area of expansion into Wise county.
Highlights
1031 Exchange - here ya go! Sit and Hold for future build out sale . Large land mass with 1269 feet of frontage for multiuse or residential development as well.
Full Address: Highway 287, Rhome, TX
Listing Type: FOR SALE
Status: Active
County: Wise County
Property ID: 4102061
Parcel Num: 749537,739594
Commission Comments: negotiable
Tenancy Type: Single-Tenant
1031 Exchange - here ya go! Sit and Hold for future build out sale . Large land mass with 1269 feet of frontage for multiuse or residential development as well.
1: Ag Lease Occupied: 309 SF Lease Expiration: 2026