1400 Fm 51 Decatur, TX 76234
This exceptional retail property, located at 1400 S FM 51 in Decatur, Texas, presents a fantastic investment opportunity. The single-story strip center boasts a total of 3,572 square feet of leasable space, situated on a generous 6.37-acre lot. Built in 1981, the property offers excellent visibility and accessibility, making it ideal for a variety of retail businesses. The flexible layout allows for multiple tenants, with spaces ranging from a minimum of 1,772 square feet up to a maximum contiguous space of 3,572 square feet. This presents a unique opportunity for both single-tenant occupancy or the potential to lease to multiple businesses. The property is located in Wise County, Texas, with a convenient Decatur address and zip code 76234. Its strategic location offers high traffic counts and strong potential for customer engagement. This is a rare chance to acquire a well-established retail center in a thriving Texas community. The property's size and layout provide ample opportunity for customization and expansion to suit the needs of prospective tenants. Don't miss this chance to own a piece of Decatur's vibrant commercial landscape.
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Dickey's Barbecue Pit Restaurant
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
Similar Nearby for Lease
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.