380 And Hwy Decatur, TX 76234
- Lifestyle centers
- 46.52 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 380 And Hwy
- Lot size
- 46.52 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Wise
- State
- Texas
- Longitude
- -97.5965
- Latitude
- 33.2366
