1414 S FM 51, DECATUR, TX 76234
Homes for sale in Decatur.
Homes for sale in 76234.
1414 S Fm 51
Decatur, TX 76234
List Price$3,200,000
Listing #20869119
About This Property
PLUG AND PLAY COMMERCIAL INVESTMENT OPPORTUNITY - Introducing a rare and lucrative Plug and Play Commercial Investment, offering an ideal opportunity to begin earning cash flow immediately after closing. This property is ready for immediate income generation, making it a perfect investment for those seeking long-term stability and strong returns. This 15,576-square-foot building sits on 2.47 acres of prime commercial land and has been completely renovated, featuring new flooring throughout, multiple private offices, a large community workspace with cubicles, 2 full-capacity bathrooms, and a spacious full kitchen & breakroom. In addition, there is warehouse space with a roll-up door, providing convenient storage and shipping capabilities. The property is 100% leased to a reputable nationwide company. With a stable, long-term tenant like this in place, this investment ensures a reliable income stream. The tenant is under a Triple Net (NNN) lease with a 5-year renewal option, ensuring steady, predictable cash flow for years to come. Under these leases, the tenant is responsible for the property's operating expenses, including taxes, insurance, and maintenance, making this a low-maintenance investment for the owner. The property boasts a prime location with excellent visibility and easy access to major roads and highways. It benefits from over 20,000 vehicles passing by daily, offering exceptional exposure and accessibility. Additionally, there is ample parking available for both tenants and visitors, making it convenient for clients and employees alike. The property is also located in a growing commercial area, just minutes from Decatur's vibrant downtown district. This property represents an exceptional investment in Decatur, a growing community with strong economic potential and a solid commercial base. Whether you are looking to diversify your portfolio or seeking a reliable income-producing asset, 1414 S FM 51 offers the perfect opportunity.
Property Features
Location Information
County
Wise
Subdivision
Isham Add
Interior Features
Has Fireplace
No
Tenant Pays
All Utilities
Heating
Central
Total Number of Units
1
Cooling
Central Air
Accessibility
Accessible Kitchen
Floors
Luxury Vinyl Plank
Exterior Features
Construction
Metal Siding
Lot Size in Sq. Ft.
107,723
Foundation
Slab
Possible Best Use
Retail
Roof
Metal
Zoning
Commercial
Water / Sewer
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
15,576
Utilities
Sewer Available, Water Available
Road Description
Farm to Market Road
Parking Description
Additional Parking, Concrete, On Site, Open, Off Street, Outside, Parking Lot
Is One Story
No
Lot Size in Acres
2.473
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
29578.0
Property SubType
Retail
Lot Acres Source
Public Records
Year Built
1986
Similar Listings
Mortgage Calculator
$14,943
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$11,531
Monthly Tax
$2,666
Monthly Insurance
$746
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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