Decatur Retail Space For
1401 S Highway 287 Decatur, TX 76234
1401 S Highway 287, Decatur, TX, 76234
Contact for pricing
For Sale
Contact for pricing
25,568 SF retail space available in Decatur, Texas.
Property Size25,568 SF
Price / SF$293.34
Days on Market65
Property Features for 1401 S Highway 287
General Information
- Standard status
- Active
- Size
- 25,568 SF
- Property subtype
- RETAIL
Listing Agency
Edge Realty Partners | Dallas
(903) 574-2647
Listed by
John David Cobb · License #TX 594592
(903) 574-2647
Source
Moodyscre
Added: May 15 Checked: Jul 17 at 5:20 am
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 Edge Realty Partners | Dallas
Investment Insights
Based on property information with market context.
This commercial property offers 25,568 square feet of retail space and is located in Decatur, Texas.
Key Highlights
- 25,568 SF retail space available
- Located in Decatur, Texas
- Retail Space
Local Financial Insights For Retail
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 | $638.2k | $24.96 |
| − Vacancy | −$31.9k | −$1.25 |
| EGI | $606.3k | $23.71 |
| − OpEx | −$181.9k | −$7.11 |
| NOI | $424.4k | $16.60 |
25,568 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$6.06M
$5.30M – $7.07M
NOI $424,388 @ 7.0% cap · market cap 5.66%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$19.26M
$16.85M – $22.47M
NOI $1,348,073 @ 7.0% cap · market cap 17.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - 25,568 SF retail space available in Decatur, Texas.
Where is this retail space located?
The property is located at 1401 S Highway 287 Decatur, TX.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 25,568 SF retail space available; Located in Decatur, Texas; Retail Space
