1950 Highway 287 Decatur, TX 76234
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.