UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision A0538
MLS Listing ID 21071211
Total Fin. Sqft 7846
Year Built 2016
Annual Tax Amount $9,220
Lot Size 2.180 Acres
Acres 2.18
Property Sub-Type Retail
Property Description
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 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.
Location
State TX
County Wise
Zoning Commercial
Direction GPS Friendly
Interior
Heating Electric
Cooling Electric
Flooring Concrete
Heat Source Electric
Exterior
Utilities Available Asphalt, City Water, Electricity Connected, Master Water Meter, Outside City Limits, Phone Available, Private Road, Private Sewer
Roof Type Metal,Mixed
Garage No
Building
Lot Description Corner Lot, Level
Foundation None
Structure Type Metal Siding
Others
Ownership See Tax Record
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Utility Easement
