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    2820 Us Highway 380 Decatur, TX 76234

    For Sale
    $1,750,000

    Retail - Decatur, TX

    Type:Retail
    Lot size:
    2.18 Acres
    Days on Market:
    64
    Last Refresh:
    Dec 10 at 1:06 am

    Property Features for 2820 Us Highway 380

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    743123
    Lot size
    2.18 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    2016
    Flooring type
    Concrete
    Building materials
    Metal Siding
    Roof type
    Metal, Mixed
    Architectural style
    Other

    Canda Rasberry Team LLC (325) 642-3295

    Listing agent Joy Rhodes (817) 659-4226 License #0622809

    Listing date Oct 8, 2025

    MLS# 21071211 Listing URL

    Copyright © 2025 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.

    Overview

    Income-Producing Retail Land on US 380

    This retail commercial property is located on US Highway 380 and generates up to $12,000 in gross monthly income from 6 tenants. Situated just outside city limits with commercial zoning, the property offers flexibility for future use while delivering rental revenue. The location provides high traffic counts and highway visibility. Decatur and the surrounding Wise County area are experiencing residential and commercial expansion. The property is suited for land banking, expanding retail or office footprints, or developing a high-exposure project. Key highlights include income-producing retail commercial land, US 380 highway frontage, high traffic counts, and commercial zoning outside city limits with no deed restrictions. It offers flexible future use potential for retail, mixed-use, or office purposes. The property consists of approximately 2.18 acres and will be sold by metes and bounds description. New Asphalt installed with acceptable offer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Texas Best DOT ... Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Kitchen & Bath HVAC Service Storage Facility Furniture Store Convenience Store Pet Grooming Service Florist

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Wise
    State
    Texas
    Longitude
    -97.622316
    Latitude
    33.231583

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    FAQs

    What type of property is this?
    Retail property - Commercial land with US 380 frontage, income-producing, and development potential.
    Where is this retail property located?
    The property is located at 2820 Us Highway 380 Decatur, TX.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Income-producing commercial land generating up to $12,000 monthly income.; - **Prime US 380 highway frontage with high visibility and traffic counts.**; - Located outside city limits with commercial zoning and no deed restrictions, offering flexible future use potential.
    (817) 659-4226
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    Decatur, TX 76234
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    2820 Us Highway 380 Decatur, TX 76234
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