You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Office Spaces

1950 Highway 287 Decatur, TX 76234

2,170 SF 2.04 ac lot Built 1982
Property ID
Property summary
AI-generated overview

This exceptional 2,170 square foot office building presents a unique opportunity for business owners seeking a combined work and residential space. Situated on a generous 2.04-acre lot with 430 feet of highway frontage on Highway 287 in Decatur, Texas, this property offers unparalleled visibility and accessibility. The main building boasts a spacious office area, complemented by a comfortable four-bedroom, two-bathroom residence. Modern amenities include granite countertops and Whirlpool appliances, enhancing both functionality and aesthetic appeal. The home features a sunroom and a convenient utility room, adding to its livability. The property is equipped with a water softener system connected to a water well and a conventional septic system, ensuring efficient and reliable utilities. Mature trees and landscaping create a serene and inviting atmosphere. A fenced backyard provides privacy and security, while ample extra parking and a pasture area offer additional space for various uses. This versatile property is ideal for entrepreneurs seeking a blend of professional and personal space, offering both a thriving business location and a comfortable home environment. The property's prime location and extensive features make it a truly exceptional investment opportunity.

Property profile
Verified
Property type Office Spaces
Year built 1982
Total area 2,170 SF
Lot 2.04 ac (88,862 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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1950 Highway 287?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message