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2501 S Fm 51 - Double Creek Retail/Medical Complex Addition

0.62 - 2.28 Acre Commercial Land Lots in Decatur, TX 76234

Investment Highlights

  • FM 51 heavily trafficked.
  • All lots are located in an Opportunity Zone.
  • Lack of platted commercial lots along the FM 51 corridor and hospital district.

Executive Summary

Pricing has now been determined for Lots 1, 6R, & 7C. Contact for pricing details.
Lot 1 (2.283 Acres): Now available. Price set, but not disclosed.
Lot 6R (1.856 Acres): Now available. Price set, but not disclosed.
Lot 7C (0.62 Acres): Now available. Price set, but not disclosed.
Lot 7D (1.33 Acres): Lot is not available at this time.
Prices are subject to change based on requirements of purchaser(s). Any further dividing of lots will impact pricing.
Owner is representing themselves. Commission to buyer's agent/broker is negotiable.

Property Facts

Sale Type Investment
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Bank
  • Drugstore
  • Fast Food
  • Medical
  • Restaurant
  • Storefront, Retail or Residential
Total Lot Size 4.76 AC
Opportunity Zone Yes

3 Lots Available

Lot 6R

Lot Size 1.86 AC

FM 51 frontage. Level/sloped topography. Hard corner with traffic light. Some trees. Improved bar ditch eliminates need for detention pond.

Lot 7C

Lot Size 0.62 AC

Level/sloped topography. Interior lot. Parcel ID is of parent tract until replat is completed.

Lot 1

Lot Size 2.28 AC

FM 51 frontage. Frontage on 3 sides. Level/sloped topography. Corner lot. Improved bar ditch eliminates need for detention pond.

Description

Located off the heavily-traveled FM 51 corridor. This platted and restricted addition is just south of the Medical City Decatur's East & West Campuses. Each lot has specific details on location of City of Decatur water & sewer, Atmos Energy natural gas, and Oncor & Co-Op power (some dual certified). Three-Phase power is available. Lots 1 and 6R would make great locations for either retail or professional/medical office. Lots 1, 6R, and 7C are available for sale. Owner willing to replat Lot 1, subject to the proposed division.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • D0480010701
  • D0480010600
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£376

zoning

Zoning Code Commercial (Lot 6R is zoned C-2 (Thoroughfare Business District). All other lots zoned C-1 (Restricted Business District).)
Commercial (Lot 6R is zoned C-2 (Thoroughfare Business District). All other lots zoned C-1 (Restricted Business District).)
  • Listing ID: 3973393

  • Date on Market: 26/10/2015

  • Last Updated:

  • Address: 2501 S Fm 51, Decatur, TX 76234

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