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331 Old Mill Rd 4,139 SF Industrial Building Rhome, TX 76078 $645,000 ($155.83/SF)

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EXECUTIVE SUMMARY

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. Seller is open to lease the property for the right terms.
Area Description
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.

PROPERTY FACTS

Price $645,000
Price Per SF $155.83
Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.24 AC
Rentable Building Area 4,139 SF
No. Stories 1
Year Built 1988
Tenancy Single
Parking Ratio 2.41/1,000 SF
No. Drive In / Grade-Level Doors 2
Zoning LI - Light Industrial

AMENITIES

  • Fenced Lot

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
S2595006201
Land Assessment
$52,925
Improvements Assessment
$409,612
Total Assessment
$462,537
  • Listing ID: 36272509

  • Date on Market: 6/16/2025

  • Last Updated:

  • Address: 331 Old Mill Rd, Rhome, TX 76078

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