380 And Hwy Decatur, TX 76234
Decatur Crossroads presents a unique opportunity for retail development in Wise County, Texas. This 46.52-acre site is strategically located at the intersection of Highways 380 and 287, a high-traffic gateway to Decatur. This location offers unparalleled access to a rapidly growing area of North Texas, served by two major, fast-growing transportation arteries. The property sits within an Opportunity Zone, providing access to allocated funds for qualified investors. Decatur boasts a business-friendly environment with an efficient development process, a skilled workforce, and an award-winning medical system. The area currently lacks sufficient grocery, retail, restaurant, entertainment, medical, and fitness options, creating significant demand. Development opportunities include grocery anchor, junior anchor, shop space, and pad sites. High traffic counts are documented for both Highways 287 (27,089 VPD) and 380 (17,029 VPD). Detailed demographic information and site availability are available upon request. This is an exceptional chance to capitalize on the burgeoning growth in this thriving North Texas market. The property is ideally suited for a mixed-use development catering to the needs of the local community and the high volume of traffic passing through this key intersection.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.