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$979,900

3483 S Fm 51, Decatur, TX, 76234

Under ContractInfo
CommercialInfo
Beds Beds
Baths Bath
Baths5,904 Sq Ft
price_per_sqft$165.97 / sqft
Year BuiltBuilt in 2008

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringCarpet, Ceramic Tile, Laminate, Other

About this property

Commercial C2 Property located on the inside edge of Decatur city limits! This former Church building is currently being utilized as a child day care. The property is inside Decatur city limits and is zoned c2 commercial. The property consists of 8 acres and plenty of room for future growth of your business. The property is in a high visibility location on the FM 51 corridor south of Decatur. With this property, the possibilities are endless for what you could bring to town. Properties like this don't pop up very often and for an over 5000 sq ft building with land for under 1M dollars, it's going to be a hard one to pass up! Photos coming soon!

Investor Tools

$0Estimated Mortgage Balance
$979,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,879 /month
Positive
Cash Flow Estimate:
$1,960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Decatur

3483 S Fm 51 | Property Details | No Agent List