General Comments

28.82 acres+/- of prime commercial real estate strategically located in the retail and service business area of this rapidly growing county seat of Wise County, Decatur, Texas. Decatur is the center of a retail trade area encompassing Wise County and parts of seven surroundintg counties with a current estimated populatioon of 66,910, projected to grow to 73,498 population by 2011, according to a recent (2006) Retail Outlook study. Decatur "--offers a pro-active and progressive city government with an extremely positive attitude concerning future growth and expansion of the Decatur area", according to the study.

Area Description

The property is located on the north side of Business Hwy 380 directly across from Lowe's, next to a Sears outlet store and Citibank, near a Wal Mart super center and a variety of retail businesses, less than two blocks west of U.S. Hwy 287/81.

Land Use

The property could be an excellent opportunity for various retail services, office, multi-family or mixed use development.