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Property profile & analytics
OFF-MARKET
Lifestyle centers

380 And Hwy Decatur, TX 76234

46.52 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Lot 46.52 ac (2,026,411 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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