3483 S Fm 51, Decatur, TX 76234
Spacious commercial building on 8 acres in Decatur, Texas.
- Added:
- Apr 22, 2026
- Days on Market:
- 55
- Last Refresh:
- Apr 22 at 5:40 pm
Property Features for 3483 S Fm 51
General Information
- Standard status
- Active
- Size
- 5,900 SF
- Lot size
- 8.00 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2008
Listing agent SUE ANN DENTON
Listing office C21 Sue Ann Denton, Decatur
Listing date Apr 22, 2026
Source Signaturere
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HighLights
- High‑visibility location on Hwy 51 South in Decatur, Texas.
- Over 5,900 square feet of commercial space on 8 acres.
- Ample space for additional development, parking, or outdoor storage.
- Excellent access to Hwy 287 and minutes from downtown Decatur.
- Suitable for retail, office, warehouse, or light industrial operations.
- Utilities available on‑site.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $181.2k | $30.72 |
| − Vacancy | −$49.7k | −$8.42 |
| EGI | $131.6k | $22.30 |
| − OpEx | −$32.9k | −$5.58 |
| NOI | $98.7k | $16.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Wise
- State
- Texas
- Longitude
- -97.608869
- Latitude
- 33.194737