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    Divisible Retail and Flex Building Title is generated by Realmo AI

    139 Royal Circle BUS 380, Decatur, TX 76234

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    For Lease
    $1,500/Mo $1.80 SF/Yr (calc)

    COMMERCIAL - Decatur, TX

    Type:Retail
    Property size:
    10,000 SF
    Lot size:
    23.54 Acres
    Added:
    Mar 2, 2026
    Days on Market:
    93
    Last Refresh:
    Jun 3 at 5:06 am

    Property Features for 139 Royal Circle BUS 380

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Property condition
    Under Construction
    Standard status
    Active
    APN
    743096
    Lot size
    23.54 Acres

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    Building Details

    Year built
    2026
    Floors in Building
    1
    Number of units
    10
    Flooring type
    Concrete
    Building materials
    MetalSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    D. Nicki George

    Listing agent D. Nicki George License #0647939

    Listing office Michael Costanza & Associates Haltom City, TX

    Listing date Mar 2, 2026

    MLS# 21193954

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Under construction with 2026 build year; three‑building development on Highway 380 in Wise County, TX
    • Includes a 10,000 SF retail building divisible into 1,000 SF suites (20'W x 50'D) with NNN leases
    • Current usage includes office, medical, retail, and warehouse space
    • Metal siding construction with metal roof and concrete flooring
    • Ample parking available
    • Utilities include well water service and septic tank sewer

    Overview

    New development on Highway 380 in Wise County, featuring three buildings and a mix of income-producing space types, including office, medical, retail, and warehouse uses. One building offers retail space that is divisible by 1,000 square feet (20W x 50D). The available suites are structured as NNN leases, with tenant improvements available and space that is ready for move-in. The property also supports build-to-suit opportunities for qualified tenants seeking a tailored layout.

    High visibility along 380 West, ample parking, and scenic views make the center well suited for retail and service-oriented concepts that benefit from strong roadside presence. With multiple building options on the site, operators have flexibility in matching their space needs to the right configuration.

    This property is a strong fit for tenants looking for ground-floor convenience and a divisible format designed for smaller retail teams, along with the option to expand or adapt through build-to-suit. Because the space is available with TI support and can accommodate office, medical, retail, and warehouse-related users, it offers a practical platform for established operators and growing businesses planning for durable, long-term occupancy.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Decatur
    County
    Wise
    State
    Texas
    Longitude
    -97.590095
    Latitude
    33.244693

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    FAQs

    What type of property is this?
    Retail space - New highway-visible development offering divisible NNN retail space with office, medical, and warehouse options.
    Where is this retail space located?
    The property is located at 139 Royal Circle BUS 380 Decatur, TX.
    What is the lease rate?
    The lease rate is $1,500 /Mo.
    What are key features of this property?
    This property features: Under construction with 2026 build year; three‑building development on Highway 380 in Wise County, TX; Includes a 10,000 SF retail building divisible into 1,000 SF suites (20'W x 50'D) with NNN leases; Current usage includes office, medical, retail, and warehouse space
    (817) 953-3134
    We can help!
    Listing Contact
    D. Nicki George
    Real Estate License ID: 0647939
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    139 Royal Circle BUS 380, Decatur, TX 76234
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