2820 US HIGHWAY 380, DECATUR, TX 76234
Homes for sale in Decatur.
Homes for sale in 76234.
2820 US Highway 380
Decatur, TX 76234
List Price$1,750,000
Listing #21071211
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
Similar Listings
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.
Schools
Walk Score
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