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$15,000 -$5,000 (-25%) Price Reduced
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Property Description
Incredible Ground lease opportunity for restaurant space Alvord, TX, located in Wise County just off Highway 287 "Colorado Highway". Picture is of the current survey of the property. This property is NOT for sale. The owner only desires to do a ground lease on this property. 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 property has extremely easy on and easy off access to 287. 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. Owner will divide into two parcels for businesses wanting smaller space but in an area that is ever growing and changing with 50,000 average traffic count per day and Hwy 287 changing to I47 - Trump Highway!
Full Property Details
Full Property Details for 1442 E Bypass 287
General
- Price: $15,000
- Status: Active
- Type: Commercial Lease
- Source: NTREIS
- MLS ID: 21171881
- Updated: 7/29/2026
- Added to Site: 179 day(s) ago
Business
- Business Type: Restaurant
Parking
- Parking Features: Open
Location
- County: Wise
- Subdivision: James Pinchback Surv A-674
- Driving Directions: GPS works best from your location
Structural Information
- Detached/Attached: Detached
- Construction: Other
- Stories/Levels: 1
- Sq. Ft. Source: Owner
- Year Built: 1985
Lot Features
- Lot Size (Acres): 1.6
- Lot Size (Sq. Ft.): 69,696
- Lot Features: Acreage
- Potential Use: Other
- Zoning: Restaurant
Financial Considerations
- Tenant Pays: All Utilities
Disclosures and Reports
- Legal Description: A-674 PINCHBACK 1.6 ACRES
- Exclusions: Minerals, if any
- Inclusions: Land Only
- Property ID: 745490
Listed by AmeriPlex Realty, Inc., Teresa Von Illyes
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Schools
Schools serving 1442 E Bypass 287
School District:Alvord Independent School District
| Name | Grades | Distance |
|---|---|---|
Alvord Elementary School 711 Stadium Drive, Alvord, TX 76225 | PK-5 | 0.2 mi |
Alvord Middle School 328 Fm 1655, Alvord, TX 76225 | 6-8 | 0.8 mi |
Alvord High School 1049 W Bypass 287, Alvord, TX 76225 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1442 E Bypass 287
Date
Details
Price
Change
Source
7/29/2026
Price Reduced
$15,000
-25%
MLS
2/05/2026
Listed
$20,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1442 E Bypass 287
1442 E Bypass 287, Alvord, TX 76225 (MLS# 21171881) is a Commercial Lease property. 1442 E Bypass 287 is currently listed for $15,000 and was received on February 05, 2026. Want to learn more about 1442 E Bypass 287? Do you have questions about finding other Commercial Lease real estate for sale in Alvord? You can browse all Alvord real estate or contact a Coldwell Banker agent to request more information.

