380 & Fm 51Decatur, TX 76234

For Sale
Call for price

Prime 23.53-acre retail site in booming Decatur.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 23.53-acre commercial land parcel is strategically located at the Northwest corner of US Highway 380 and FM 51 in Decatur, Wise County, Texas, zip code 76234 (33.2448229, -97.5008338). The property offers significant frontage on Highway 380, ensuring high visibility and accessibility for businesses. This location benefits from its proximity to Paloma Trails, a new 165-acre residential development featuring over 418 lots. This burgeoning community creates a strong demand for retail services, making this land ideal for national retail users seeking to capitalize on a rapidly growing market. The property's size and location present a unique opportunity to develop a substantial retail center, catering to the needs of both the Paloma Trails residents and the wider Decatur community. The excellent connectivity to a major thoroughfare, US Highway 380, further enhances the property's appeal and potential for significant return on investment. This is a rare chance to secure a prime commercial land parcel in a thriving Texas market. The property is classified as commercial land and is ready for development.

Highlights

  • 23.53-acre commercial land parcel in Decatur, Wise County, Texas (zip code 76234).
  • High-visibility location at the NW corner of US Hwy 380 & FM 51.
  • Significant frontage on US Hwy 380 provides excellent accessibility.
  • Adjacent to Paloma Trails, a new 418-lot residential development, creating strong retail demand.
  • Ready for development as a substantial retail center.

Property Details for 380 & Fm 51

Property type
Other land, Land
Lot Size (sq. ft)
1,024,967 SF

Location Insight

City
Decatur
County
Wise
State
Texas
Latitude
33.2448229
Longitude
-97.5008338
380 & Fm 51, Decatur, Texas

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380 & Fm 51
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