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Property profile & analytics
OFF-MARKET
Land

380 Tbd Hwy Ponder, TX 76249

16.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 16.5-acre commercial land parcel presents a rare opportunity in Wise County, Texas. Located at the highly desirable corner of US Highway 380 and CR 4004, this property boasts 947 feet of highway frontage and 429 feet of county road frontage, providing excellent visibility and accessibility. The land itself is remarkably flat and clean, ideal for immediate development or as a strategic long-term investment. A significant advantage is the absence of any known gas pipelines traversing the property, simplifying development plans. The current agricultural exemption offers potential tax benefits. This expansive tract offers numerous build sites, making it suitable for a wide range of commercial projects. The asking price is $1,750,000, translating to $106,061 per acre, reflecting the exceptional location and development potential. Situated in Decatur, Texas, zip code 76249, this property is conveniently located near Ponder, offering easy access to major transportation routes. This is a truly unique opportunity to acquire a substantial, well-positioned commercial land holding in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 16.5 ac (718,740 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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