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Nine-Unit Flex Strip Center
For Lease
$2,000/Mo

3691 S FM 51, Decatur, TX 76234

COMMERCIAL - Decatur, TX

Space Size1,600 SF
Lot Size2.00 Acres
Days on Market98

Property Features for 3691 S FM 51

General Information

Property type Commercial Lease
Property subtype Office
Property condition Under Construction
Zoning description Commercial
Parking features Garage, Open, Secured, Driveway, Oversize, Parking Lot
Subdivision Taylor Real Estate
Lot features Historic District
Directions Highway frontage S FM 51
Standard status Active
APN TBD Taylor RE
Lot size 2.00 Acres

Utilities

Heating system Central
Cooling system Central Air

Amenities

roll up door

Building Details

Year built 2026
Floors in Building 1
Number of units 9
Flooring type Concrete
Building materials MetalSiding, Rock, Stone
Roof type Metal
Listing Agency: Compass RE Texas, LLC
Listed By: Travis Taylor · License #0667196
Added: Apr 29 Changed: Aug 4 Last Checked: Aug 4 at 10:06AM
MLS# 21145673

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This nine-unit flex strip center is being built as a mix of high-end office space storefronts with shop/warehouse space in the back, including a roll-up door. Each unit is described as 1,600 SF. Interior finishes include concrete flooring, and the building is planned with central heating and central air. The property is currently under construction, with an estimated year built of 2026.

The property is located at 3691 S FM 51 in Decatur, Texas 76234 (Wise County). It offers both front and rear parking and is designed for visibility from S FM 51, supporting a flexible setup for tenants who want office frontage combined with practical warehouse space.

The overall site is listed at 2 acres, providing room for a straightforward drive-and-park layout. Construction materials are identified as metal siding with rock and stone elements, and the roof is listed as metal.

Key Highlights

  • Nine units, each described at 1,600 SF per unit
  • 2‑acre flex strip center site
  • Office storefront layout with shop/warehouse space in the back

Property Analytics

Current Use

Crossroads Tanks Factory

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Auto Parts Store Real Estate Agency Furniture & Home Goods Bakery

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

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,011
Businesses Nearby
Balanced
Demand for This Use

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - High-visibility flex strip center with front and rear parking and roll-up door warehouse space, under construction.
Where is this flex space located?
The property is located at 3691 S FM 51 Decatur, TX.
What is the lease rate?
The lease rate is $2,000 /Mo.
What are key features of this property?
This property features: Nine units, each described at 1,600 SF per unit; 2‑acre flex strip center site; Office storefront layout with shop/warehouse space in the back
More about this property
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