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Highway-Adjacent Commercial Land
For Sale
$1,695,000

1992 Highway 287, Decatur, TX 76234

Commercial land outside city limits with Phase 3 electric service and proximity to established entertainment and restaurant destinations.

Property Size2,161 SF
Price / SF$784.36
Days on Market529

Property Features for 1992 Highway 287

General Information

Standard status Active
Size 2,161 SF
Property subtype Lots & Acreage / Commercial

Amenities

Central Air, Electric
Central, Electric
Luxury Vinyl Plank
2161.0
Composition
Other
Pillar/Post/Pier, Slab
Assessor
1
Brick

Building Details

Year Built 1958
Listing Agency: Major League Realty, Inc.
Listed By: Kelly Ross · License #0432034
Source: Compass
Added: Mar 20, 2025 Changed: Aug 30 Last Checked: Aug 30 at 3:14AM

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 Major League Realty, Inc.

Investment Insights

Based on property information with market context.

This commercial land parcel is positioned along Highway 287 in Decatur, outside the city limits and within an Opportunity Zone. Phase 3 electric service is identified for the property. The site is adjacent to Cat's Alley Bowling & Skate Family Entertainment Center and across the highway from Catfish O'Harlies and Villa Grande Ranch restaurants, creating a setting among established entertainment and dining destinations. The address places the property on a visible highway corridor serving Decatur and the surrounding area.

Key Highlights

  • Commercial land at 1992 Highway 287, Decatur, TX 76234
  • Located outside city limits in an Opportunity Zone
  • Phase 3 electric service identified

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Food Market Veterinary Clinic

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

23
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land outside city limits with Phase 3 electric service and proximity to established entertainment and restaurant destinations.
Where is this commercial land located?
The property is located at 1992 Highway 287 Decatur, TX.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Commercial land at 1992 Highway 287, Decatur, TX 76234; Located outside city limits in an Opportunity Zone; Phase 3 electric service identified
More about this property
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