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    Us Hwy. 380 & Ross Ave Decatur, TX 76234

    Sponsored
    For Lease
    Contact for pricing

    Prime Commercial Land, Wise County

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.455-acre commercial land parcel, located at the high-traffic intersection of US Highway 380 and Ross Avenue in Wise County, presents a unique investment opportunity. Zoned for commercial use, this property offers significant potential for development. The site boasts a single existing building totaling 15,000 square feet, providing flexibility for immediate use or redevelopment. The expansive lot size allows for a variety of development scenarios, catering to businesses seeking ample space and high visibility. With its strategic location and substantial acreage, this property is ideally suited for a range of commercial ventures. The absence of a minimum divisible square footage requirement offers unparalleled flexibility for potential tenants or developers. The property's location on a major highway ensures high traffic volume and excellent exposure, making it an attractive proposition for businesses seeking maximum visibility and accessibility. The existing building provides a solid foundation for immediate occupancy or renovation, while the ample land allows for future expansion or the construction of new facilities. This is a rare opportunity to acquire a significant commercial property in a thriving area. The property's commercial zoning ensures a wide range of permitted uses, making it a versatile and attractive investment. Serious inquiries are encouraged.

    Property Features for 0 Us Hwy. 380 & Ross Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Lot
    Size
    106,939 SF

    HighLights

    • 2.455‑acre commercial land parcel in Wise County.
    • Zoned commercial, suitable for multiple tenants.
    • Total land area is 2.455 acres.
    • One existing building totaling 15,000 square feet.
    • Available space ranges from 0 to 106,939 square feet.
    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 Commercial Land, Wise County
    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 in Wise County.; Zoned commercial, suitable for multiple tenants.; Total land area is 2.455 acres.
    Request Owner's contact information
    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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