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Light Industrial Flex Space
For Lease
$1,750/Mo

507 S Business 287, Decatur, TX 76234

CommercialLease, Decatur, TX

Space Size1,800 SF
Lot Size0.18 Acres
Days on Market112

Property Features for 507 S Business 287

General Information

Property type Commercial Lease
Property subtype Other
Zoning description Building zoned for Light Industrial. Was previously used as a large snow cone stand.
Subdivision Tarleton
Directions Address is GPS Friendly
Standard status Active
APN 756962
Lot size 0.18 Acres

Taxes and HOA fees

Tax Description BLK 1 TARLETON
Legal Description BLK 1 TARLETON

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1971
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: May 14 Changed: Aug 22 Last Checked: Sep 2 at 5:06AM
MLS# 21267556

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 flex space is a single commercial building in Decatur with metal siding, a metal roof, and vinyl flooring. The structure was built in 1971 and is identified as Light Industrial under city zoning. Its most recent use was as a sit-down snow cone stand, providing a documented prior operating use while retaining a flexible commercial format.

The property is positioned at 507 S Business 287, along the US Business 287 route entering Decatur from the south. Public water and public sewer serve the site. The address places the building within the city of Decatur in Wise County, Texas.

Key Highlights

  • Light Industrial zoning under the city’s designation
  • Built in 1971 with metal siding and a metal roof
  • Vinyl flooring inside the commercial building

Property Analytics

Current Use

Flex space

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.75 /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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

  • Mac Aroon's Catering Decatur, TX 76234

Frequently Asked Questions

What type of property is this?
Flex space - Metal-sided commercial building with public water and sewer service along S Business 287 in Decatur.
Where is this flex space located?
The property is located at 507 S Business 287 Decatur, TX.
What is the lease rate?
The lease rate is $1,750/Mo.
What are key features of this property?
This property features: Light Industrial zoning under the city’s designation; Built in 1971 with metal siding and a metal roof; Vinyl flooring inside the commercial building
More about this property
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