380 & Fm 51 Decatur, TX 76234
This exceptional ±78-acre commercial land parcel presents a unique investment opportunity in Decatur, Texas. Strategically located at the highly trafficked intersection of US 380 and FM 51 in Wise County, this property boasts significant frontage on both major roadways, ensuring unparalleled visibility and accessibility. Its ideal location makes it suitable for a diverse range of commercial developments, including retail centers, mixed-use projects, and medical facilities. The substantial lot size offers ample space for large-scale projects, while the high traffic volume guarantees significant exposure to potential customers and clients. The property is zoned for commercial use (verification required) and is available for sale. Furthermore, the seller is open to considering the possibility of dividing the land into smaller parcels, providing flexibility for various development scenarios. This prime location in a growing area offers significant potential for long-term appreciation and strong returns on investment. The property's address is NWQ US 380 & FM 51, Decatur, TX 76234. Detailed site plans and zoning information are available upon request. Don't miss this opportunity to acquire a premier commercial land site in a thriving Texas market.
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.