401 N NEWARK STREET, DECATUR, TX 76234

Homes for sale in Decatur.

Homes for sale in 76234.


Active

List Price$480,000

401 N Newark Street

Decatur, TX 76234

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Listing #21278146

Commercial

Type

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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