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    33.244352 -97.575755 Decatur, TX 76234

    For Sale
    Contact for pricing

    78 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 78-acre tract of land presents a remarkable investment opportunity in Decatur, Texas. Strategically located at the hard corner intersection of heavily trafficked US Highway 380 and FM 51, this property boasts unparalleled visibility and accessibility. Its prime location makes it ideal for a wide range of commercial developments, including retail centers, mixed-use projects, or medical facilities. The significant frontage along both highways ensures maximum exposure to a substantial daily volume of commuters and travelers. The property is currently offered for sale as a whole, but is also divisible, providing flexibility for various development scenarios. This is a rare chance to acquire a substantial land parcel in a rapidly growing area with high traffic counts and excellent visibility, making it an attractive proposition for developers seeking a high-impact location. The property is situated in Wise County, Texas, with a zip code of 76234, and its coordinates are 33.244352 latitude and -97.575755 longitude. The land is zoned for both commercial and residential use, offering diverse development possibilities. This is a unique opportunity to capitalize on the significant growth potential of this desirable location.

    Property Features for 0 33.244352 -97.575755

    General Information

    Property type
    Land
    Lot Size
    3,397,680 SF

    HighLights

    • ±78‑acre site at the intersection of US Highway 380 & FM 51.
    • For sale, divisible parcels available.
    • Hard corner retail opportunity with high visibility and accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Decatur
    County
    Wise
    State
    Texas
    Longitude
    -97.575755
    Latitude
    33.244352

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    FAQs

    What type of property is this?
    Land - 78 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at 33.244352 -97.575755 Decatur, TX.
    What are key features of this property?
    This property features: ±78-acre site at the intersection of US Highway 380 & FM 51.; For sale, divisible parcels available.; Hard corner retail opportunity with high visibility and accessibility.
    (214) 960-4545
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    33.244352 -97.575755 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
    33.244352 -97.575755 Decatur, TX 76234
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