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2820 US Highway 380 Decatur, TX $ 1,200,000
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$ 1,200,000 Get more info
2820 US Highway 380
$ 1,200,000
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Share Save

2820 US Highway 380

Decatur, TX, 76234
$ 1,200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 7,486

2820 US Highway 380, Decatur, TX 76234 - Image 1
2820 US Highway 380, Decatur, TX 76234 - Image 2
2820 US Highway 380, Decatur, TX 76234 - Image 3
2820 US Highway 380, Decatur, TX 76234 - Image 4
2820 US Highway 380, Decatur, TX 76234 - Image 5
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2820 US Highway 380, Decatur, TX 76234 - Image 8
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Commercial Property for sale in Decatur, TX

for $1,200,000. This building was built in 2002 on a lot size of 1.74.

2820 Highway 380, Decatur, TX 76234. List Price $1,200,000 Cap Rate 9.02. Net Operating Income NOI: $108,254 Description: Income-producing self-storage facility in a high-growth corridor just off Highway 380 in the Decatur ETJ of Wise County. The property features 50 storage units and 5 secure parking spaces, with rental rates ranging from $50 to $1000 per month. Current occupancy is approximately 61%, presenting immediate lease-up potential and revenue growth. The facility operates with city water and electric, and tenants are billed monthly with simple management processes. With a 9.02% cap rate on existing operations and a straightforward expense structure, this is a low-maintenance, value-add opportunity for investors looking to grow NOI by increasing occupancy. Also available as a single turnkey investment: the 380 Eagle’s Nest Tiny Home & Storage Facility as a combined portfolio. Includes 16 fully leased custom tiny homes with full kitchens and utilities included, an on-site coin laundry, and this 50-unit storage facility with 5 parking spaces. Combined operations generate $276,219 NOI on $361,620 gross income, delivering a 10.26% cap rate at $2,650,000 with upside as storage lease-up continues.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 14,920

Style

Business

Lot Size

1.74

Year Built

2002

Town/City

Decatur

County/Region

Wise

MLS | Web ID

21073775
Features
General
Heating None
Cooling None
Utilities Co-op Electric Electricity Connected
Ceiling Height 8 to10 Feet 11 to 14 Feet 15 to 20 Feet
Possession Closing/Funding
Roof Metal
Year Built 2002
Business Type Storage Warehouse
Property Subtype Business
Subdivision Name JH MOORE
County Wise
Property Type Commercial Sale
Construction Materials Aluminum Siding
Year Built Details Preowned
Status Active
Directions google maps is correct
City Decatur
Standard Status Active
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Exterior
Waterfront 0
Lot Size Source Assessor
Parking Features Gravel
Lot Size 1 to < 3 Acres
Foundation Slab
Building Area Total 16225.00
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Interior
Flooring Concrete
Total Stories 1
Total Units 55
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Internal Only
Street Number 1 2820
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* Excluded Features
List By
Charles Horton

Listing Agent

The Michael Group Real Estate

Broker

Affordability Calculator

$8,730
Per Month
86%
14%
0%
Monthly Principal & Interest
$7,486
Monthly Property Taxes
$1,243
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
9/30/2025 $1,200,000 Listed Price

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2820 US Highway 380, Decatur, TX, 76234 is a Commercial Property for sale at $1,200,000 with a lot size of 1.74. 2820 US Highway 380 was built in 2002. The property's zip code is 76234 which is in Decatur, TX

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