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    3691 S Fm 51 Decatur, TX 76234

    Sponsored
    Picture of Strip malls at S Fm 51 3691, Decatur, TX
    For Lease
    $2,000 /Mo

    Office - Decatur, TX

    Type:Office
    Lot size:
    2.00 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 7 at 8:06 pm

    Property Features for 3691 S Fm 51

    General Information

    Property type
    Other
    Property subtype
    Office
    Property condition
    New Construction
    Standard status
    Active
    APN
    TBD Taylor RE
    Parking features
    Driveway, Garage, Oversized, Parking Lot, Secured
    Lot size
    2.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2026
    Flooring type
    Concrete
    Building materials
    Metal Siding, Stone
    Roof type
    Metal
    Architectural style
    Other

    Compass RE Texas, LCC (214) 814-8100 [email protected]

    Listing agent Travis Taylor (214) 814-8100 License #0667196

    Listing date Jan 6, 2026

    MLS# 21145673 Listing URL

    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.

    Overview

    Decatur Commercial Strip Center For Lease

    This commercial strip center in Decatur, Texas, features 9 units available for lease. Each unit offers 1,600 square feet of space. The property includes high-end office space with a storefront and a shop warehouse in the back, accessible via a roll-up door. Front and rear parking is available. The property benefits from high visibility road frontage on South FM 51, a busy highway in Decatur.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Crossroads Tanks Oil Field Equipment Supplier

    Suggested Use

    Realty agency Auto Repair Shop Hair Salon Clothing Store Auto Parts Store Storage Facility Electrical Service Furniture Store Daycare Center Women's Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Wise
    State
    Texas
    Longitude
    -97.61147157
    Latitude
    33.19144951

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    FAQs

    What type of property is this?
    Strip mall - Commercial strip center with high visibility road frontage in Decatur, TX.
    Where is this strip mall located?
    The property is located at 3691 S Fm 51 Decatur, TX.
    What is the lease rate?
    The lease rate is $0.28 SF/Yr.
    What are key features of this property?
    This property features: - High visibility location on the busiest highway (S FM 51) in rapidly growing Decatur, Texas.; - Nine individual units, each 1600 SF, providing flexible leasing options.; - Each unit features a high-end office storefront with a shop warehouse in the back.
    (214) 814-8100
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    3691 S Fm 51 Decatur, TX 76234
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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
    3691 S Fm 51 Decatur, TX 76234
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