2139 Fm 2264Decatur, TX 76234

  • Commercial real estate
  • 2,400 SF
For Sale
$685,000 View listing

Property Details for 2139 Fm 2264

Year built
2006
Lot size
7.00 AC
Property size (Sq ft)
2,400 SF
Property type
Commercial real estate
APN
A0363.0005.33
APU
A0363000533

Description

This exceptional 6,130-square-foot industrial flex space sits on a sprawling 7-acre lot in Decatur, Texas. The property, built in 2006, features a single-story, 1-building structure with a mix of manufacturing and warehouse space. The building boasts 12' to 15' ceiling heights, two loading docks, and heavy power with multiple convenient drops for equipment. Approximately 60% of the building is air-conditioned, including a 3,730-square-foot section with office space, a lab/assembly room, and ample storage. The remaining 2,400 square feet offers a column-free shop area ideal for various uses. The property includes a 15 HP air compressor, an aerobic septic system, and a private well. Located just three miles east of downtown Decatur, this property offers convenient access to Denton and Fort Worth, and is approximately one hour northwest of Dallas. The 285-foot frontage on FM 2264 provides excellent visibility and accessibility. The property is zoned as No Zoning - Unincorporated Decatur, allowing for outside storage of heavy equipment, RVs, and trucks. The lot is uniquely divided, with approximately 2.5 acres suitable for commercial use and another 2.5 acres ideal for residential development. Mature trees and a stream enhance the property's aesthetic appeal and provide natural privacy. The asking price is $685,000. 2023 property taxes were $8,303.95. Specialized commercial printing equipment may be available for purchase separately. The property is vacant and available for occupancy on November 1, 2023.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $593,166
    Hospitality
    $543,337
    Educational
    $452,050
    Medical
    $467,597
    Retail
    $703,189

Location Insight

City
Decatur
County
Wise
State
Texas
Latitude
33.1928
Longitude
-97.4983
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,996
$244,988
$351,859
$596,847
-
$244,988
$351,859
$596,847

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