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    2188 Us-380 Decatur, TX 76234

    For Sale
    $1,799,999

    34 Acres, Hwy 380 Access, Opportunity Zone

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 34-acre industrial land parcel presents a compelling investment opportunity in Decatur, Texas. Strategically located on Highway 380, this property boasts convenient access to major transportation arteries, including Highways 380 and 287. Its prime location offers significant advantages for businesses seeking efficient logistics and distribution networks. The site is situated within an Opportunity Zone, providing potential tax benefits for qualified investors. Proximity to key transportation hubs is a major asset: a 30-minute drive to Alliance Fort Worth Airport, 33 minutes to BNSF Alliance Intermodal, 32 minutes to Denton, and 40 minutes to Fort Worth. Highway 380 boasts a substantial traffic count of 16,662 vehicles per day, ensuring high visibility and accessibility. Wise County's robust growth, with a 5% population increase between 2020 and 2021, further underscores the long-term potential of this exceptional property. The asking price is $1,799,999. This is a rare opportunity to acquire a significant industrial land holding in a rapidly developing area with excellent infrastructure and strong growth prospects. The property is zoned for industrial use and offers significant development potential. Detailed site plans and further information are available upon request. Don't miss this chance to secure a prime piece of Texas real estate.

    Property Features for 2188 Us-380

    General Information

    Property type
    Land
    Lot Size
    1,481,040 SF

    HighLights

    • Strong population growth in Wise County (5% increase 2020‑2021).
    • Located in an Opportunity Zone.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Decatur
    County
    Wise
    State
    Texas
    Longitude
    -97.6172463
    Latitude
    33.23018

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    FAQs

    What type of property is this?
    Land - 34 Acres, Hwy 380 Access, Opportunity Zone
    Where is this land located?
    The property is located at 2188 Us-380 Decatur, TX.
    What is the asking price?
    The asking price for this property is $1,799,999.
    What are key features of this property?
    This property features: Strong population growth in Wise County (5% increase 2020-2021).; Located in an Opportunity Zone.;
    Request Owner's contact information
    2188 Us-380 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
    2188 Us-380 Decatur, TX 76234
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