380 Tbd Hwy Ponder, TX 76249
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.