Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial Flex Suites Title is generated by Realmo AI

    4338 Us-380, Decatur, TX 76234

    View on Map
    Claim this Listing
    For Lease
    $2,250/Mo $14 SF/Yr (calc)

    COMMERCIAL - Decatur, TX

    Property size:
    1,875 SF
    Lot size:
    4.30 Acres
    Added:
    Mar 26, 2026
    Days on Market:
    70
    Last Refresh:
    Jun 3 at 12:06 am

    Property Features for 4338 Us-380

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Parking features
    Gated, Paved or Surfaced, Parking Lot
    Standard status
    Active
    APN
    789149
    Lot size
    4.30 Acres

    Taxes and HOA fees

    Tax Description
    LOT 2 WELLS ADDITION

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    Building Details

    Year built
    2015
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    AluminumSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Kristal Campbell

    Listing agent Kristal Campbell License #0728032

    Listing office Cannon Property Management & Cannon Realty, LLC Decatur, TX

    Listing date Mar 26, 2026

    MLS# 21075281

    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.

    HighLights

    • Industrial/office suites in a gated business park on Hwy 380 in Decatur, TX
    • 3 available suites, each approximately 1,875 SF (can be leased individually or combined)
    • Year built 2015 with metal roof and aluminum siding, slab foundation, and concrete flooring
    • Gated parking lot setting with paved/surfaced and gravel parking and ample on‑site parking
    • Utilities: well water and septic tank sewer

    Overview

    This property offers three available industrial or office flex suites, each approximately 1,875 SF. Suites may be leased individually or combined to create a larger footprint. Constructed in 2015, the space features durable metal siding and roofing, a slab foundation, and concrete flooring, built for practical day-to-day use.

    The suites are located in a gated business park with gravel and paved areas, along with ample parking. The property benefits from prime signage visibility along the Highway 380 corridor in Decatur, Texas.

    Ideal for tenants seeking a flexible setup for light industrial operations or office-supporting functions, the configuration allows you to right-size your space. Utilities include septic and well, and tenant improvements are not included in the base rental rate; build-out bids can be coordinated upon request, giving you control over how the space is finished for your specific requirements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Building Supply Auto Repair Shop Storage Facility Electrical Service Garden Center Car Rental Facility Home Appliance Store Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Mac Aroon's Catering — Decatur, TX 76234

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Wise
    State
    Texas
    Longitude
    -97.67745
    Latitude
    33.233395

    Nearby Similar for Lease

    • $6,500/Mo
      1,292 SF

      Decatur Retail Opportunity on FM 51

      Former gas station and convenience store available for lease.
      1210 S Fm 51, Decatur, TX 76234
      View Details
    • $3,149/Mo
      1,500 SF

      Decatur Office Space For Lease

      New commercial office space in Decatur, ready for build out.
      900 W Thompson Street, Decatur, TX 76234
      View Details
    • $8,947/Mo

      Medical Office Suite with Exam Rooms

      Well-equipped medical suite with a reception area, waiting room, and six exam rooms in a multi-suite building.
      2014 Ben Merritt Drive, Decatur, TX 76234
      View Details
    • $4,750/Mo
      1,700 SF

      Decatur, TX Equestrian Roping Arena

      Premier equestrian property with indoor roping arena on 30 acres.
      377 Private Rd. 3249, Decatur, TX 76234
      View Details
    • $2,375/Mo

      Front-Facing Office and Clinic Space

      Flexible office layout with private restroom and strong visibility in a high-traffic business park near Business 380.
      220 W Side Drive, Decatur, TX 76234
      View Details
    • $1,750/Mo

      Retail Storefront with High Visibility

      Flexible 1,800 SF storefront with high visibility and Light Industrial zoning, ready for demo and renovations to fit your concept.
      507 S Business 287, Decatur, TX 76234
      View Details
    • $2,000/Mo

      Decatur Commercial Strip Center For Lease

      Commercial strip center with high visibility road frontage in Decatur, TX.
      3691 S FM 51, Decatur, TX 76234
      View Details
    • $5,900/Mo

      Flex Shop with Office Bays

      Flexible lease setup combines office privacy with multiple large-bay shop doors and covered front canopy.
      501 S Business 287, Decatur, TX 76234
      View Details
    • $1,450/Mo

      Flex Space Suite with Office

      High-visibility flex suite with a finished office, private restroom, and HVAC-connected warehouse space for contractors and service businesses.
      220 W Side Drive, Decatur, TX 76234
      View Details
    • $9,125/Mo
      100,000-150,000 SF

      office-properties

      2141 Highway 287 N, Decatur, TX 76234
      View Details
    • $1,800/Mo

      Decatur Warehouse with Office Space

      Commercial space with easy highway access and office build-out.
      108 PR 4213, Decatur, TX 76234
      View Details

    FAQs

    What type of property is this?
    Flex space - Lease industrial or office suites in a 2015-built business park with strong highway visibility and ample parking.
    Where is this flex space located?
    The property is located at 4338 Us-380 Decatur, TX.
    What is the lease rate?
    The lease rate is $2,250 /Mo.
    What are key features of this property?
    This property features: Industrial/office suites in a gated business park on Hwy 380 in Decatur, TX; 3 available suites, each approximately 1,875 SF (can be leased individually or combined); Year built 2015 with metal roof and aluminum siding, slab foundation, and concrete flooring
    (940) 627-6265
    We can help!
    Listing Contact
    Kristal Campbell
    Real Estate License ID: 0728032
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4338 Us-380, Decatur, TX 76234
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!