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    380 Tbd Hwy Ponder, TX 76249

    For Sale
    $1,750,000

    16.5 Acres, Hwy 380 Frontage, $1.75M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 16.5-acre commercial land parcel presents a rare opportunity in Wise County, Texas. Located at the highly desirable corner of US Highway 380 and CR 4004, this property boasts 947 feet of highway frontage and 429 feet of county road frontage, providing excellent visibility and accessibility. The land itself is remarkably flat and clean, ideal for immediate development or as a strategic long-term investment. A significant advantage is the absence of any known gas pipelines traversing the property, simplifying development plans. The current agricultural exemption offers potential tax benefits. This expansive tract offers numerous build sites, making it suitable for a wide range of commercial projects. The asking price is $1,750,000, translating to $106,061 per acre, reflecting the exceptional location and development potential. Situated in Decatur, Texas, zip code 76249, this property is conveniently located near Ponder, offering easy access to major transportation routes. This is a truly unique opportunity to acquire a substantial, well-positioned commercial land holding in a rapidly growing area.

    Property Features for 380 Tbd Hwy

    General Information

    Property type
    Land
    Lot Size
    718,740 SF

    HighLights

    • $1,750,000 asking price.
    • 16.5‑acre commercial land parcel.
    • $106,061 per acre land value.
    • Located at TBD Highway 380, Decatur, TX 76249.
    • 947 feet of US Highway 380 frontage and 429 feet of CR 4004 frontage.
    • Level, buildable land; currently Ag Exempt.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ponder
    County
    Wise
    State
    Texas
    Longitude
    -97.3105547
    Latitude
    33.2378476

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    FAQs

    What type of property is this?
    Land - 16.5 Acres, Hwy 380 Frontage, $1.75M
    Where is this land located?
    The property is located at 380 Tbd Hwy Ponder, TX.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: $1,750,000 asking price.; 16.5-acre commercial land parcel.; $106,061 per acre land value.
    (682) 297-3157
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    380 Tbd Hwy Ponder, TX 76249
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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
    380 Tbd Hwy Ponder, TX 76249
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