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    301 Highway 287 Decatur, TX 76234

    For Sale
    $1,100,000

    Texas Industrial Lot, 5,653 SF

    Property size:
    5,653 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.49-acre industrial land parcel, located at 301 N. Highway 287 in Decatur, Texas, presents a compelling investment opportunity. Priced at $1,100,000, this single-tenancy property boasts a substantial 5,653 square feet of buildable space. The property is zoned C-2, offering a wide range of potential uses within the industrial sector. Situated in Wise County, Texas, with a 76234 zip code, this location provides convenient access to major transportation routes, enhancing its logistical appeal. The single existing building on the site provides a solid foundation for immediate use or redevelopment, depending on the buyer's needs. The expansive lot size allows for significant flexibility in terms of future expansion or development. This property is ideal for businesses seeking a strategic location in a growing Texas market. The combination of size, zoning, and location makes this a rare find in the Decatur industrial real estate market. Serious inquiries are encouraged to explore the full potential of this valuable asset. Coordinates are 33.2361796 latitude and -97.5980836 longitude.

    Property Features for 301 Highway 287

    General Information

    Property type
    Land
    Square Feet
    5,653 SF
    Lot Size
    64,904 SF

    Building Details

    Buildings
    1

    HighLights

    • $1,100,000 asking price for 1.49 acres of industrial land.
    • Located at 301 N. Highway 287, Decatur, TX 76234.
    • 5,653 square feet, single‑tenant building on a 1.49‑acre lot.
    • C‑2 zoning.
    • Wise County, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Wise
    State
    Texas
    Longitude
    -97.5980836
    Latitude
    33.2361796

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    FAQs

    What type of property is this?
    Land - Texas Industrial Lot, 5,653 SF
    Where is this land located?
    The property is located at 301 Highway 287 Decatur, TX.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: $1,100,000 asking price for 1.49 acres of industrial land.; Located at 301 N. Highway 287, Decatur, TX 76234.; 5,653 square feet, single-tenant building on a 1.49-acre lot.
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    301 Highway 287 Decatur, TX 76234
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    Decatur, TX 76234
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    Realmo Value Estimation

    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.

    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.

    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
    301 Highway 287 Decatur, TX 76234
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