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Decatur Light Industrial Land Opportunity
For Sale
$480,000

401 N Newark Street, Decatur, TX 76234

2.934-acre light industrial property in a rapidly growing area.

Property SizeContact for details
Lot Size2.93 Acres
Days on Market90

Property Features for 401 N Newark Street

General Information

Standard status Active
Lot size 2.93 Acres
Property subtype Commercial Lots & Land

Building Details

Year Built 9999
Stories 1
Listing Agency: Post Oak Realty West
Listed By: Cason Caraway · License #0683009
Source: Cornerstonehomeandranch
Added: May 27 Changed: Aug 23 Last Checked: Aug 21 at 8:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Post Oak Realty West

Investment Insights

Based on property information with market context.

This 2.934-acre light industrial property is located in a rapidly growing area of Decatur, minutes from the new Paloma Trails development. The property is situated within city limits and has access to city water and sewer. It offers flexibility for a variety of commercial uses including office-warehouse, automotive, retail, storage warehouse, and wholesale. The property has the potential to subdivide, offering extensive possibilities for future development or phased projects. Located on N Newark Street with city street frontage, the property benefits from accessibility and proximity to major growth areas, residential expansion, and amenities. The proximity to the new Paloma Trails neighborhood adds long-term value as the area develops. This property offers location, flexibility, and opportunity in one of Wise County’s most active growth areas.

Key Highlights

  • Located in a rapidly growing area of Decatur, positioning it for future expansion and investment.
  • Offers flexibility for a variety of commercial uses including office‑warehouse, automotive, retail, storage warehouse, and wholesale.
  • Nearly 3 acres of unimproved land with the potential to subdivide, allowing for extensive future development or phased projects.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Dental Office Carpet & Flooring Store Pharmacy Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

475
Businesses Nearby

Demographics for 76234, TX

18,755
Population
8,047
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
89%
High-School Grad
314.0 sq mi
ZIP Area
60
Density / Sq Mi
$88,083
Median Household Income
$45,137
Median Earnings
$1,358
Median Rent
$304,300
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - 2.934-acre light industrial property in a rapidly growing area.
Where is this industrial land located?
The property is located at 401 N Newark Street Decatur, TX.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Located in a rapidly growing area of Decatur, positioning it for future expansion and investment.; Offers flexibility for a variety of commercial uses including office‑warehouse, automotive, retail, storage warehouse, and wholesale.; Nearly 3 acres of unimproved land with the potential to subdivide, allowing for extensive future development or phased projects.
More about this property
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