2820 US Highway 380 - Retail FOR SALE


Decatur, TX 76234
$1,750,000 USD
469-363-0209
2820 US Highway 380, Decatur, TX for Sale
$1,750,000 USD
Retail - FOR SALE
1/29
null | 6.4% Cap Rate

2820 US Highway 380
Decatur, TX 76234


HIGHLIGHTS

  • Highway Frontage
  • Immediate Revenue

OVERVIEW

**Retail Commercial with Income – US 380 Frontage in Decatur, TX!** For information regarding this listing...Please contact Joy Rhodes cell (817)659-4226 or email: joy@wisemovetx.com. Exceptional opportunity to acquire improved, income-producing commercial land located on one of North Texas’ most high-traffic corridors. This retail commercial site is positioned along US Highway 380 frontage and currently produces up to $12,000 in gross monthly income from 6 tenants, offering investors both immediate cash flow and future development upside. Situated just outside city limits with commercial zoning, the property provides flexibility for future use while delivering steady rental revenue today. High traffic counts and unbeatable highway visibility make this tract ideal for developers or investors seeking prime land in a proven growth market. Decatur and the surrounding Wise County area continue to see strong residential and commercial expansion, further enhancing the value of this corridor. Whether you’re focused on land banking, expanding retail or office footprints, or developing a high-exposure project, this tract combines location, income, and long-term appreciation. **Key Highlights:** * Income Producing Retail commercial land * Up to $12,000 monthly income and is fully occupied * US 380 highway frontage with outstanding visibility * High traffic counts and prime growth corridor * Outside city limits and zoned commercial - No deed restrictions * Flexible future use potential: retail, mixed-use, or office This property is a rare blend of immediate income and long-term development opportunity—a wise move for investors and developers alike. Aerial imagery is for illustration only. New Asphalt installed with acceptable offer. Property boundaries and acreage (approx. 2.18 acres) subject to survey. Sales price is not contingent on exact land size. Property to be sold by metes and bounds description. ** Questions? For information regarding this listing...Please contact Joy Rhodes cell (817)659-4226 or email: joy@wisemovetx.com

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.18 AC

LAND SF

94,961 SF

ZONING

No Zoning-Unincorporated

APN/PARCEL ID

A0538002800

ASK ABOUT THIS PROPERTY

Charles & Laura HortonThe Michael Group Real Estate & ManagementMore Info
469-363-0209

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Charles & Laura HortonThe Michael Group Real Estate & ManagementMore Info
469-363-0209

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.