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Flex Space with 4 Bays
For Lease
$5,900/Mo

501 S Business 287, Decatur, TX 76234

CommercialLease, Decatur, TX

Space Size1,500 SF
Lot Size1.00 Acre
Days on Market178

Property Features for 501 S Business 287

General Information

Property type Commercial Lease
Property subtype Other
Zoning description Commercial
Directions 287 north into Decatur. Take Business 287 exit. Follow it into Decatur. Property on the right, backs up to Railroad tracks.
Standard status Active
APN A0683000101
Lot size 1.00 Acre

Taxes and HOA fees

Tax Description A-805 J TARLETON 1.3000 ACRES
Legal Description A-805 J TARLETON 1.3000 ACRES

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Number of units 1
Flooring type Vinyl
Building materials MetalSiding
Roof type Metal
Listing Agency: Parker Properties Real Estate
Listed By: Jared Lucier · License #0697805
Added: Apr 22 Changed: Sep 30 Last Checked: Oct 16 at 10:06PM
MLS# 20697373

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.

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Investment Insights

Based on property information with market context.

This flex-space property combines approximately 1,500 square feet of office area with approximately 4,000 square feet of shop space. The interior includes a mix of open work areas and private offices, while four large bays are equipped with newly installed roll-up doors and sheltered by a covered front canopy. Metal siding, a metal roof, vinyl flooring, central heating, and central air are among the property features.

The property occupies 1 acre at 501 S Business 287 in Decatur, Texas. Its position along Business 287 provides access to US 287 and connects with the surrounding Decatur area. Public water and public sewer serve the property, supporting its commercial configuration.

Key Highlights

  • Approximately 1,500 square feet of office space
  • Approximately 4,000 square feet of shop space
  • 4 large bays with newly installed roll‑up doors

Property Analytics

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Current Use

Flex space

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$7.08 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

487
Businesses Nearby
Under-served
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Mac Aroon's Catering — Decatur, TX 76234

Frequently Asked Questions

What type of property is this?
Flex space - Office and shop areas include covered bays with newly installed roll-up doors.
Where is this flex space located?
The property is located at 501 S Business 287 Decatur, TX.
What is the lease rate?
The lease rate is $5,900/Mo.
What are key features of this property?
This property features: Approximately 1,500 square feet of office space; Approximately 4,000 square feet of shop space; 4 large bays with newly installed roll‑up doors
More about this property
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