2820 US HIGHWAY 380, DECATUR, TX 76234

Homes for sale in Decatur.

Homes for sale in 76234.


2820 US Highway 380

Decatur, TX 76234

Status of the property has changed, please contact for details

List Price$1,750,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21071211

7,846

Square Feet

6

Number of Units

Commercial

Type

About This Property

**Retail Commercial with Income -- US 380 Frontage in Decatur, TX!** Exceptional opportunity to acquire improved, income-producing commercial land located on one of North Texas' most high-traffic corridors. This retail commercial site is positioned along US Highway 380 frontage and currently produces up to $12,000 in gross monthly income from 6 tenants, offering investors both immediate cash flow and future development upside. Situated just outside city limits with commercial zoning, the property provides flexibility for future use while delivering steady rental revenue today. High traffic counts and unbeatable highway visibility make this tract ideal for developers or investors seeking prime land in a proven growth market. Decatur and the surrounding Wise County area continue to see strong residential and commercial expansion, further enhancing the value of this corridor. Whether you're focused on land banking, expanding retail or office footprints, or developing a high-exposure project, this tract combines location, income, and long-term appreciation. **Key Highlights:** * Income Producing Retail commercial land * Up to $12,000 monthly income and is fully occupied * US 380 highway frontage with outstanding visibility * High traffic counts and prime growth corridor * Outside city limits and zoned commercial - No deed restrictions * Flexible future use potential: retail, mixed-use, or office This property is a rare blend of immediate income and long-term development opportunity--a wise move for investors and developers alike. Aerial imagery is for illustration only. New Asphalt installed with acceptable offer. Property boundaries and acreage (approx. 2.18 acres) subject to survey. Sales price is not contingent on exact land size. Property to be sold by metes and bounds description.

Property Features

Location Information

County

Wise

Subdivision

A0538

Interior Features

Has Fireplace

No

Floors

Concrete

Heating

Electric

Tenant Pays

None

Cooling

Electric

Total Number of Units

6

Exterior Features

Construction

Metal Siding

Lot Size in Sq. Ft.

94,960

Foundation

None

Possible Best Use

Office, Retail, Warehouse, W

Roof

Metal, Mixed

Zoning

Commercial

Water / Sewer

Electricity Connected, Phone Available, Sewer Available, Water Available

Building Total Area (Sq. Ft.)

7,846

Utilities

Electricity Connected, Phone Available, Sewer Available, Water Available

Road Description

Highway, Private Road, Asphalt

Parking Description

Asphalt, Common

Is One Story

No

Lot Description

Corner Lot, Level

Lot Description

Corner Lot, Level

Lot Size in Acres

2.18

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

COM

Tax Annual Amount

9220.0

Property SubType

Retail

Lot Acres Source

See Remarks

Year Built

2016

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Mortgage Calculator

$8,172

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$6,306

Monthly Tax

$1,458

Monthly Insurance

$408

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.

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