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401 N Newark St, Decatur, TX, 76234

--beds
0baths
--sqft
$480,000
--price/sqft
$3,428/moest. monthly cost
$137,120/yrincome needed

About This Home

Located in a rapidly growing area of Decatur and just minutes from the new Paloma Trails development, this 2.934-acre light industrial property offers a rare opportunity to secure commercial land in the path of growth. With strong development activity nearby and convenient access to town amenities, this location is well-positioned for future expansion and investment potential. Situated within city limits with access to city water and sewer, the property offers flexibility for a variety of commercial uses including office-warehouse, automotive, retail, storage warehouse, wholesale, and more. With nearly 3 acres of unimproved land and the potential to subdivide, the possibilities are extensive for future development or phased projects. Located on N Newark Street with convenient city street frontage, this property benefits from excellent accessibility while remaining close to major growth areas, residential expansion, and the amenities that continue to drive demand in Decatur. The proximity to the new Paloma Trails neighborhood adds additional long-term value as the area continues to develop. Whether you are looking to expand operations, develop commercial space, or secure land in a rapidly growing market, this property offers location, flexibility, and opportunity in one of Wise County's most active growth areas.

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

4/10
Carson Elementary SchoolGrades PK-51.3 mi
6/10
McCarroll Middle SchoolGrades 6-81.5 mi
5/10
Decatur High SchoolGrades 9-121.2 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Property

Lot

  • Lot size: 2.93 Acres