2273 Us 287 Decatur, TX 76234
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.
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
Similar Nearby for Sale
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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.