Katie Chu Group is pleased to present this exclusive acquisition opportunity to become a major player in Wise County with this multifaceted investment positioned in the path of swelling growth from Greater DFW.
Business and land + structure must be sold TOGETHER for a total price of $4,000,000. Business available SEPARATELY for $1,200,000.00
1300 FM 1810 spans 13 acres, with approximately 3 acres used for an established truck and auto lube shop and 10 acres open for development. Both pieces of land are zoned C-2, allowing for an array of uses, including medical, multifamily, single-family, education, assisted living, restaurant, retail, warehouse, self-storage, and more (see attached document for a comprehensive list of potential uses). A truly shovel-ready opportunity with utilities at the site, 1300 FM 1810's value is further boosted by having the only TXDot-approved driveway off FM 1810. The commercial land is listed at $3.19 million.
The existing truck and auto lube shop features a truck court, three service bays, seven grade-level doors (12 feet by 14 feet), a 20-foot ceiling height, and 13 parking spots. The business has been operating for nearly 20 years and was voted the best oil change in Wise County for 2023. It has healthy profit margins with a well-trained manager in place for a minimal-responsibility investment, or hands-on owners can take over operations if they please. Please contact the broker for financials. The business is listed for sale at $1.2 million and is available separately. ONLY THE BUSINESS- not the structure or land.
Located a half-mile from the crossing of Highways 287 and 380, any development here is poised to be a prominent fixture of this up-and-coming area. Downtown Decatur, Decatur Municipal Airport, and Medical City Decatur are within five minutes of 1300 FM 1810. The growth of Decatur and broader Wise County is abundantly apparent, with thousands of new rooftops and dozens of commercial developments underway all around. Demographic projections call for the population within a 3-mile radius to jump by over 20% through 2028.