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Property profile & analytics
OFF-MARKET
Warehouses

2273 Us 287 Decatur, TX 76234

9,098 SF 48.28 ac lot Built 1967
Property ID
Property summary
AI-generated overview

This exceptional 48.28-acre property in Decatur, Texas, boasts 9,098 square feet of improved space, strategically located on US Highway 287 with 1,600 feet of frontage. The site includes six buildings, offering a versatile mix of office and industrial space. Improvements comprise three metal buildings, two office buildings (including a converted single-family residence), a four-bay and a one-bay repair shop, and two smaller storage buildings. Built in phases (1967 and 2012), the property features ample secured parking and storage, electricity, and is situated outside city limits in a high-traffic industrial growth area. Previously used for oil and gas operations and currently as trucking/equipment/RV storage, this property presents a unique opportunity for diverse uses. The land is priced at $45,000 per acre and is not located in a flood plain. This is a rare opportunity to acquire a substantial industrial property with significant existing infrastructure in a prime location. The property is currently vacant.

Property profile
Verified
Property type Warehouses
Year built 1967
Total area 9,098 SF
Lot 48.28 ac (2,103,077 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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