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    100 Highway 287 Decatur, TX 76234

    For Sale
    Contact for pricing

    Prime Hwy 287 location, 1805 sq ft.

    Property size:
    1,805 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional retail opportunity, located at 100 Hwy 287 in Decatur, Texas, presents a unique chance to own a well-situated commercial property. The 1,805 square foot building sits on a 0.45-acre lot and is ideally suited for a restaurant or storefront operation. Previously occupied by Yesterday's 50's Diner, the property benefits from its proximity to the Hampton Inn and Suites Decatur, ensuring high visibility and convenient access for potential customers. Its strategic location directly off Highway 287, a major thoroughfare with a daily traffic count of 25,591 vehicles, guarantees significant exposure. The property features ample parking and easy ingress and egress, enhancing customer convenience. The building is a single-tenant structure, offering a streamlined ownership experience. This turnkey property is priced at a negotiable asking price, making it an attractive investment opportunity in a thriving Texas community. The property's zip code is 76234, located in Wise County. The property's coordinates are 33.23394 latitude and -97.5968093 longitude.

    Property Features for 100 Highway 287

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,805 SF
    Lot Size
    19,602 SF

    Building Details

    Buildings
    1

    HighLights

    • Former Yesterday's 50's Diner restaurant building.
    • Adjacent to Hampton Inn & Suites Decatur.
    • Excellent Hwy 287 visibility and access.
    • High traffic count: 25,591 vehicles per day on Hwy 287.
    • Abundant parking with convenient access.
    • Price: Contact Broker for pricing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Wise
    State
    Texas
    Longitude
    -97.5968093
    Latitude
    33.23394

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    FAQs

    What type of property is this?
    Individual retail property - Prime Hwy 287 location, 1805 sq ft.
    Where is this individual retail property located?
    The property is located at 100 Highway 287 Decatur, TX.
    What are key features of this property?
    This property features: Former Yesterday's 50's Diner restaurant building.; Adjacent to Hampton Inn & Suites Decatur.; Excellent Hwy 287 visibility and access.
    Request Owner's contact information
    100 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
    100 Highway 287 Decatur, TX 76234
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