401 N Newark Street

Decatur, TX 76234
$480,000

Description

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.

Property Type: Commercial - Unimproved Land
MLS Status: Active
MLS: 21278146
Year Built:
County: Wise
Tract or Division: Proctor Add
List Date: 05/22/2026
Area:
Square Feet:
Total Beds:
Full Baths:
Half Baths:
Acres: 2.93
Lot Size (sqft): 127,805

800.451.8055

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Interior Features

 
Virtual Tour:

Exterior Features

 
Lot Description:
  • Acreage
  • Cleared

Utilities

 
Utilities:
  • SewerAvailable
  • WaterAvailable

Additional Property Details

 
Listing Agent: Cason Caraway
Broker: Post Oak Realty West
Listed by: Cason Caraway, Post Oak Realty West
Phone: 940.384.7355

Location

Schools

School Name Grades Admission
McCarroll Middle School 6 - 8 Regular
Decatur High School 9 - 12 Regular
Carson Elementary School PK - 5 Regular
3 Schools

*All school information should be verified by local Independent School District.

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* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.

The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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