1766 Us-380 Decatur, TX 76234
This 6,000-square-foot industrial warehouse, built in 1990 and renovated in 2018, sits on a 7.78-acre lot in Decatur, Texas (76234). Located on US-380, it offers prime visibility and easy access to Highways 287 and 380. The single-story Class C building features one dock-high door and is currently vacant. The property is zoned for commercial use and includes a fenced storage area. The building has a concrete drive surrounding it and boasts 3-phase, 480-volt power, with each 1,500-square-foot divisible unit having its own 150-amp breaker box. A private water well services the property. Currently configured with a 500-square-foot office and warehouse space, it's divisible into four 1,500-square-foot units (seller prefers to sell as a whole). The asking price is $1,700,000 ($283.33/sq ft). This owner-user investment opportunity presents limitless potential for various businesses, given its location and flexible layout. The property is outside Decatur city limits, offering additional development possibilities within Wise County. The APN is A0494000801.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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