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Size: 1.74 Acres

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Business - Decatur, TX

2820 Highway 380, Decatur, TX 76234. List Price $1,200,000 Cap Rate 9.02. Net Operating Income NOI: $108,254

Description: Income-producing self-storage facility in a high-growth corridor just off Highway 380 in unincorporated Wise County. The property features 50 storage units and 5 secure parking spaces, with rental rates ranging from $50 to $1000 per month. Current occupancy is approximately 61%, presenting immediate lease-up potential and revenue growth. The facility operates with city water and electric, and tenants are billed monthly with simple management processes. With a 9.02% cap rate on existing operations and a straightforward expense structure, this is a low-maintenance, value-add opportunity for investors looking to grow NOI by increasing occupancy. Also available as a single turnkey investment: the 380 Eagle’s Nest Tiny Home & Storage Facility as a combined portfolio. Inclu...

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The Michael Group Real Estate

License #0546099

Hurst, TX

(214) 692-6400

Charles Horton

The Michael Group Real Estate
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The Michael Group Real Estate, (214) 692-6400
Source: ListHub, MLS# 21073775
Listing status: Active
Listing last updated: October 8, 2025 at 5:09 PM
Listing last checked: October 10, 2025 at 7:30 AM
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