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    2273 Us-287 Decatur, TX 76234
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    2273 Us-287, Decatur, TX 76234

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    • Office Spaces
    • 9,098 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 2273 Us-287

    Year built
    1967
    Property type
    Office Spaces
    Property subtype
    Land

    Description

    This exceptional 42.33-acre commercial property, located at 2273 US-287 in Decatur, Texas, presents a unique investment opportunity. The property boasts a total of 9,098 square feet of office and commercial space, currently vacant, spread across five single-story buildings. Constructed in 1967 and renovated in 2012, the property features a variety of improvements, including a converted single-family residence now used as office space, a detached restroom building, a four-bay repair shop, a one-bay repair shop, and two smaller storage buildings. Ceiling heights range from 10 to 18 feet. The property benefits from high visibility and frontage on Highway 287, offering excellent access and exposure. The land's previous use was as an office, maintenance, and storage yard for an oil and gas business, and it's currently utilized as a trucking/equipment/RV storage yard. This versatile property offers significant potential for redevelopment or continued use in its current configuration. Located in Wise County, Texas, with a Decatur zip code of 76234, this property presents a compelling opportunity for investors seeking a substantial commercial holding with diverse possibilities. The property's multiple buildings and ample land provide flexibility for a range of commercial ventures. The existing structures offer immediate usability, while the expansive lot allows for future expansion or development.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Wise
    State
    Texas
    Longitude
    -97.6206
    Latitude
    33.269
    More about this property
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