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Highlights

  • Ground lease opportunity on approximately 0.35 acres.
  • Level site with no flood plain reported.
  • Located along U.S. Highway 287 in Alvord, Texas.
  • Highway visibility with direct regional access.

LOT Available

Display Rental Rate as

Rental Rate
  • $4.39 CAD/SF/YR
  • $0.37 CAD/SF/MO
  • $66,879 CAD/YR
  • $5,573 CAD/MO
Lease Term Negotiable
Lot Size 0.35 AC

This is a Ground Lease Opportunity! .35 acres available for lease. Incredible opportunity to lease this vacant lot and build your dream restaurant in Alvord, TX, located in Wise County just off Highway 287 "Colorado Highway". Alvord is a growing community situated approximately 10 miles northeast of Decatur and about 50 miles north of Fort Worth, offering excellent visibility and convenient access for guests. This is a .35 acre spot of flat land and no flood plain. Next door to the Trusted Stay Motel which features 16 remodeled en-suite rooms. The property accommodates nightly, weekly, and monthly stays. In addition to the motel rooms, the property includes a 900 sq ft condo and a 900 sq ft house currently used as the office. With its strategic location, paved parking lot, ample parking, and grassy pet-friendly areas, this property offers endless possibilities. Owner would like to see a restaurant do the ground lease on this land. This is a strong property in an area experiencing significant growth. North Texas continues to expand rapidly, and Alvord is poised for future development. Don't miss the chance to secure this versatile investment opportunity while the town is still on the rise.

Property Overview

200 South Highway 287, Alvord, TX is a vacant land parcel offered as a ground lease opportunity. The site contains approximately 0.35 acres of level land and is not located within a flood plain. The property is positioned along U.S. Highway 287 in Wise County, approximately 10 miles northeast of Decatur and about 50 miles north of Fort Worth. The site is adjacent to the Trusted Stay Motel, which includes guest accommodations and on-site office facilities. The location provides direct highway access and visibility within a growing North Texas community.

Property Facts

Total Space Available 0.35 AC
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Restaurant
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 41637092

  • Date on Market: 2026-08-10

  • Last Updated:

  • Address: 200 South Hwy, Alvord, TX 76225

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