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Property profile & analytics
OFF-MARKET
Land

2045 Us-380 Decatur, TX 76234

1.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.7-acre industrial land parcel is located at 2045 US Highway 380 in Decatur, Texas, within Wise County (zip code 76234). The property is zoned for multi-family use, offering significant development potential. Currently, the land is unimproved, presenting a blank canvas for a variety of industrial uses. The site's location outside city limits reduces regulatory restrictions, providing greater flexibility for development plans. Permitted uses include outside storage, truck parking, and inventory yard space. While the lot size is between 1.5 and 1.7 acres, the total acreage is 1.7 acres. Future improvements such as graveling and fencing the yard are possible at an additional cost. It's important to note that any existing easements on the property must remain unobstructed. This presents a unique opportunity for businesses seeking a strategically located industrial site with considerable development potential in a rapidly growing area of Texas. The property's latitude and longitude coordinates are 33.2423399 and -97.5262399 respectively.

Property profile
Verified
Property type Land
Lot 1.7 ac (74,052 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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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