Current Use by Public Records
- Land
Property Details for 101 Us-287
- Property type
- Land
Description
This exceptional 17,201 square foot commercial land parcel presents a unique investment opportunity in Decatur, Texas. Located on US Highway 287, this high-visibility site boasts excellent access and is situated within a rapidly expanding retail and commercial area. Previously occupied by Patriot Tire, the property is being offered as a clean pad site. The seller will provide all necessary documentation and escrow funds to cover the removal of existing tanks (per TCEQ regulations), asbestos abatement, and complete building demolition. A new survey and site plan will be provided, illustrating the potential for a building up to approximately 3,500 square feet. The property, encompassing lots 101 and 103 N US 287, has been replatted (filing pending sale). The land is zoned GC, offering considerable flexibility for development. With its prime location, excellent visibility, and seller-provided site preparation, this property is ideal for a variety of commercial ventures. The asking price is $885,000, translating to a land value of $53.77 per square foot. This represents a compelling opportunity to acquire a ready-to-develop site in a thriving Texas market. The property's strategic location on a major highway ensures high traffic volume and significant exposure for any future business. The seller's commitment to providing a clean pad site simplifies the development process, minimizing upfront costs and expediting the timeline for construction.
Value Estimations
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AI approach
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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
- -97.597
- Latitude
- 33.2344
