Listing provided courtesy of Post Oak Realty WestMLS# 21278146MLS ProviderContact Information: Cason Caraway - (940) 384-7355
  • 39 days on site
  • 5 views

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.

Source: North Texas MLS, MLS#: 21278146

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  • Property Type
    Commercial Sale
  • Lot
    2.97 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 401 N Newark Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/21/2026Source: North Texas MLS Added to Database
May 21, 2026