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2820 Us Highway 380, Decatur, TX 76234

$2,690,000
  • 2820 Us Highway 380, Decatur, TX 76234 Main Photo

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Pending
MLS#21073972
STATUSPending PROPERTY TYPECommercial - Business SUBDIVISIONJH MOORE

Property Description

380 Eagle’s Nest is a turnkey investment opportunity located just off Hwy 380 in the Decatur ETJ of Wise County. This income-producing property features a tiny home community and storage facility on approximately 3.74 acres, generating $367,920 in gross annual revenue and $282,519 in net income, delivering a 10.5% cap rate. The property includes 16 custom-built tiny homes, each approximately 392 square feet, with full kitchens including a refrigerator, cooktop, oven, and microwave. Homes are not furnished. Water, electric, and trash service are included for tiny homes. A coin-operated laundry facility with Speed Queen commercial equipment is also on-site, adding convenience and additional income. The property offers 50 storage units and 5 parking spaces, with rental rates ranging from $50 to $1000 month. Operated on city water and septic, and located in the county, the site requires no city approvals for improvements or expansion. With low annual expenses of $85,401 and strong demand driven by the Decatur and DFW markets, this is a rare opportunity for stable returns and long-term growth. Aerial imagery is for illustration only. Property boundaries and acreage (approx. 3.74 acres) subject to survey. Sales price is not contingent on exact land size. Property to be sold by metes and bounds description. This property may be purchased individually or together with the adjoining asset as a single turnkey investment. For details on the companion listings, see: Storage Facility – MLS #21073775 and Tiny Home Community – MLS #21073865. Buyers have the flexibility to acquire either asset separately or both as one combined portfolio.

2820 Us Highway 380 | MLS# 21073972

This commercial property located at 2820 Us Highway 380, Decatur, TX 76234 is currently listed for sale with an asking price of $2,690,000. Search Decatur real estate on www.kellylandandranch.com today.

Property Features

Property Type: Commercial - Business
Cooling: Electric
Heating: Electric
Lot Size: 2.74 Acres
Roof Type: Composition, Metal
Stories: 1.0
Year Built: 2002

Feature Descriptions

Days on Site: 183
Exterior: Metal Siding, Wood
Flooring: Concrete, Wood
Lot: Acreage
Parcel#: 791254
Parking: Additional Parking, RV Access/Parking
Parking Notes: Additional Parking, RV Access/Parking
Units: 66
Utilities: Aerobic Septic

Listed By / Shown By

Listed By

Agency Name: The Michael Group Real Estate
Agency Contact: 469-363-0209
Agent Name: Charles Horton

Shown By

Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447

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