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    901 Newark St Decatur, TX 76234

    For Sale
    $85,000

    Prime Decatur location, 0.34 acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 0.34-acre lot presents a unique investment opportunity in the heart of Decatur, Texas. Situated just minutes from the vibrant downtown area, this property offers significant potential for a variety of commercial ventures. The exact permissible commercial uses for this lot are subject to verification with the City of Decatur's planning and zoning department. Prospective buyers are strongly encouraged to conduct their own due diligence with the city to determine the suitability of the land for their intended purpose. This convenient location offers easy access to local amenities, businesses, and transportation routes, making it an ideal site for a range of commercial developments. The property's size provides ample space for a variety of projects, from small-scale retail establishments to larger-scale commercial buildings. Given its prime location and potential, this lot represents a compelling investment opportunity for those seeking a foothold in the thriving Decatur commercial market. Act quickly, as opportunities like this are rare. The asking price is $85,000. All interested parties should contact the appropriate city officials to confirm zoning regulations and permitted uses before making an offer. This information is provided as is, without warranty or guarantee of any kind.

    Property Features for 901 Newark St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    14,810 SF
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Wise
    State
    Texas
    Longitude
    -97.57874
    Latitude
    33.23984

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Decatur location, 0.34 acres
    Where is this commercial real estate located?
    The property is located at 901 Newark St Decatur, TX.
    What is the asking price?
    The asking price for this property is $85,000.
    Request Owner's contact information
    901 Newark St 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
    901 Newark St Decatur, TX 76234
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