Glen Rose, TX 76043,5000 Texas Drive

$2,500,000

Est. payment /mo
Est.Price: ?

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5000 Texas Drive Glen Rose, TX 76043

58,700 SqFt

SOLD DATE : 11/07/2024

Key Details

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 58,700 sqft

Price per Sqft $42

MLS Listing ID 20550823

Sold Date 11/07/24

Total Fin. Sqft 58700

Year Built 1990

Annual Tax Amount $49,724

Lot Size 25.590 Acres

Acres 25.59

Property Description

25+ acres with a 3250 seat outdoor amphitheater, two concession stand buildings, ticket booth, office building, commercial grade pool, stage, pavilion, dressing room, lighting and sound systems, maintenance warehouse, and more. The property is currently leased and has been the home for The Promise for over 3 decades. Zoned B-1, restricted commercial. Room for further development.

Location

State TX

County Somervell

Zoning B1 Restricted Commercial

Direction From Hwy 67 turn at Expo Center on to Gibbs Drive then right onto Texas Drive. Amphitheater will be on the right across from standpipe water tower.

Interior

Heating Central

Cooling Central Air

Flooring Concrete

Heat Source Central

Exterior

Utilities Available Asphalt, City Sewer, City Water, Electricity Connected

Roof Type Other

Garage No

Building

Lot Description Acreage

Foundation Slab

Structure Type Concrete,Other

Others

Ownership Somervell County

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition Verify Rollback Tax, Verify Tax Exemptions

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Bill Vineyard • Paluxy River Realty
Bought with Arleen Macias • Arleen Macias

Brian Haile

Broker Associate | License ID: 0648651

+1(254) 485-1827

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