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    501 S Business 287 Decatur, TX 76234

    For Lease
    $5,900 /Mo ($1.63 SF/Yr)

    Business - Decatur, TX

    Type:Business
    Lot size:
    1.00 Acre
    Days on Market:
    140
    Last Refresh:
    Dec 14 at 3:06 pm

    Property Features for 501 S Business 287

    General Information

    Property type
    Other
    Property subtype
    Business
    Standard status
    Active
    APN
    A0683000101
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Flooring type
    Vinyl
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    Parker Properties (940) 627-9040

    Listing agent Jared Lucier (940) 627-9040 License #0697805

    Listing date Jul 28, 2025

    MLS# 20697373 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

    Decatur Commercial Space For Lease

    Available for lease is a commercial space featuring approximately 1500 square feet of office area and around 4000 square feet of shop space. The shop area includes four large bays equipped with newly installed roll-up doors and a covered canopy over the front. The finished office space provides a combination of open flex work areas and individual offices for privacy. Situated on Business 287, a feeder road off 287 N into Decatur, the property offers convenient access to the town and its amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Decatur
    County
    Wise
    State
    Texas
    Longitude
    -97.579539
    Latitude
    33.231793

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    FAQs

    What type of property is this?
    Flex space - Commercial lease space with office and shop areas in Decatur.
    Where is this flex space located?
    The property is located at 501 S Business 287 Decatur, TX.
    What is the lease rate?
    The lease rate is $1.63 SF/Yr.
    What are key features of this property?
    This property features: - Large shop space, approximately 4000 sq ft; - Four large bays with **new roll-up doors**; - Located on Business 287 with easy access to Decatur
    (940) 627-9040
    Request Owner's contact information
    501 S Business 287 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
    501 S Business 287 Decatur, TX 76234
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