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    Us Hwy. 380 & Ross Ave Decatur, TX 76234

    For Sale
    Contact for pricing

    Prime 2.455-acre commercial land parcel.

    Property size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.455-acre commercial land parcel is strategically located at the intersection of US Hwy. 380 and Ross Avenue in Decatur, Texas, zip code 76234. The property is zoned for commercial use, offering significant development potential for a variety of businesses. With a flexible buildable square footage ranging from 1,200 to 15,000 square feet, this site presents a unique opportunity for businesses seeking a prominent location with high visibility. The property's location in Wise County, Texas, provides easy access to major transportation routes, ensuring convenient access for customers and employees. The single existing building on the site offers potential for renovation or redevelopment, adding to the versatility of this investment. This prime location offers excellent visibility and accessibility, making it an ideal site for a wide range of commercial ventures. The property's size and zoning make it suitable for various development projects, from retail spaces to office buildings. This is a rare opportunity to acquire a significant commercial land parcel in a thriving Texas community. Serious inquiries are encouraged.

    Property Features for 0 Us Hwy. 380 & Ross Ave

    General Information

    Property type
    Land
    Square Feet
    1,200 SF
    Lot Size
    106,940 SF

    Building Details

    Buildings
    1

    HighLights

    • 2.455‑acre commercial land parcel for sale in Decatur, TX.
    • Located at the intersection of US Hwy. 380 & Ross Ave.
    • Zoned for commercial use.
    • Multiple pad sites available, ranging from 1,200 to 15,000 square feet.
    • One existing building on site.
    • Asking price available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Decatur
    County
    Wise
    State
    Texas
    Longitude
    -97.4814163
    Latitude
    33.2581763

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    FAQs

    What type of property is this?
    Land - Prime 2.455-acre commercial land parcel.
    Where is this land located?
    The property is located at Us Hwy. 380 & Ross Ave Decatur, TX.
    What are key features of this property?
    This property features: 2.455-acre commercial land parcel for sale in Decatur, TX.; Located at the intersection of US Hwy. 380 & Ross Ave.; Zoned for commercial use.
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    Us Hwy. 380 & Ross Ave 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
    Us Hwy. 380 & Ross Ave Decatur, TX 76234
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