401 N NEWARK STREET, DECATUR, TX 76234
Homes for sale in Decatur.
Homes for sale in 76234.
List Price$480,000
401 N Newark Street
Decatur, TX 76234
Listing #21278146
About This Property
Located in a rapidly growing area of Decatur and just minutes from the new Paloma Trails development, this 2.934-acre light industrial property offers a rare opportunity to secure commercial land in the path of growth. With strong development activity nearby and convenient access to town amenities, this location is well-positioned for future expansion and investment potential. Situated within city limits with access to city water and sewer, the property offers flexibility for a variety of commercial uses including office-warehouse, automotive, retail, storage warehouse, wholesale, and more. With nearly 3 acres of unimproved land and the potential to subdivide, the possibilities are extensive for future development or phased projects. Located on N Newark Street with convenient city street frontage, this property benefits from excellent accessibility while remaining close to major growth areas, residential expansion, and the amenities that continue to drive demand in Decatur. The proximity to the new Paloma Trails neighborhood adds additional long-term value as the area continues to develop. Whether you are looking to expand operations, develop commercial space, or secure land in a rapidly growing market, this property offers location, flexibility, and opportunity in one of Wise County's most active growth areas.
Property Features
Location Information
County
Wise
Subdivision
Proctor Add
Interior Features
Has Fireplace
No
Total Number of Units
0
Exterior Features
Utilities
Sewer Available, Water Available
Zoning
Light Industrial
Lot Description
Acreage, Cleared
Building Total Area (Sq. Ft.)
0
Lot Size in Acres
2.973
Road Description
City Street
Lot Size in Sq. Ft.
129,503
Is One Story
No
Possible Best Use
Automotive, Office, Retail,
Lot Description
Acreage, Cleared
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
3308.0
Property SubType
Unimproved Land
Lot Acres Source
Other
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Mortgage Calculator
$2,241
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,729
Monthly Tax
$400
Monthly Insurance
$112
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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