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Property profile & analytics

100 Highway 287 Decatur, TX 76234

  • Commercial real estate
  • 800 SF
  • 0.45 lot acres
Value Estimation
$380,000
Location Intelligence
Property ID
US82-2699639
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 100 Highway 287

Year built
1970
Lot size
0.45 lot acres
Property size
800 SF
Property type
Commercial real estate
APN
A0857.9135.00
APU
A0857913500

Description

This exceptional single-tenant retail property, located at 100 Hwy. 287 in Decatur, Texas, presents a compelling investment opportunity. The freestanding building boasts 1,805 square feet of space, ideal for a restaurant or storefront operation. Situated on a sizable 0.45-acre lot, the property offers ample visibility and accessibility from Highway 287. The building's single-tenant occupancy ensures ease of management and predictable income streams. The property is located in Wise County, Texas, and benefits from the vibrant commercial activity in Decatur. The address is 100 Hwy. 287, Decatur, TX 76234. The property's size is perfectly suited for a variety of retail uses, offering a significant opportunity for business owners seeking a well-located and established space. With its convenient highway access and substantial lot size, this property is poised for success. The property type is classified as retail, specifically a restaurant, storefront, and free-standing building. This is a single-tenant property with no minimum divisible square footage less than the total 1,805 square feet. The maximum contiguous square footage is also 1,805 square feet. This presents a unique opportunity for a business seeking a standalone location with high visibility. The property's location in Decatur, Texas offers a strong potential for growth and profitability.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $380,000
  • CAP approach

    CAP return
    Estimation
    6%
    $430,000
    6.5%
    $390,000
    7%
    $380,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $405,000
    Geo Method
    $360,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $420,000
    Retail
    $330,000
    Mixed-Use
    $335,000
    Hospitality
    $370,000
    Educational
    $465,000
    Residential Income
    $405,000
    Energy
    $430,000
    Income-Based Land
    $355,000
    Food Service
    $440,000

Location Insight

  • Map
  • Local Demand
City
Decatur
County
Wise
State
Texas
Longitude
-97.5967
Latitude
33.2338
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,916
$195,600
$240,416
$436,016
-
$195,600
$240,416
$436,016
More about this property
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