2273 Us 287 Decatur, TX 76234
- Warehouses
- 9,098 SF
- 48.28 lot acres
Current Use by Public Records
- Warehouses
Property Details for 2273 Us 287
- Year built
- 1967
- Lot size
- 48.28 lot acres
- Property size
- 9,098 SF
- Property type
- Warehouses
- Property subtype
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Wise
- State
- Texas
- Longitude
- -97.6206
- Latitude
- 33.269
