Flex Space with Highway
For Sale
$890,000
3330 NE Loop 286, Paris, TX 75460
CommercialSale, Paris, TX
Property Size10,400 SF
Lot Size1.13 Acres
Price / SF$85.58
Days on Market54
Property Features for 3330 NE Loop 286
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking features
Garage
Security features
Security
Lot features
Acreage
Directions
3330 Loop 286 Paris Tx 75460
Standard status
Active
APN
18753
Lot size
1.13 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Heat Pump, Multi Units, Electric, Ceiling Fan(s)
Water source
Public
Building Details
Year built
1985
Floors in Building
2
Number of units
1
Flooring type
Tile, Concrete
Building materials
MetalSiding, Rock, Stone
Roof type
Metal
Listing Agency:
United Country Altaterra Realt
(903) 438-2585
Listed By:
James Cain · License #0797621
(903) 219-2439
Added: Jul 16
Changed: Sep 7
Last Checked: Sep 7 at 11:06AM
MLS# 21294982
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1985, this flex property combines a metal-sided building with concrete and tile flooring, high ceilings, and large windows. Central air, electric heating, ceiling fans, and multiple heat-pump cooling units support the interior environment. The building is served by public water and public sewer, with a metal roof and garage parking.
The property occupies 1.13 acres along NE Loop 286, a highway carrying approximately 30,000 vehicles daily. The entire lot is paved, providing substantial on-site parking and circulation area. The property is currently leased for one year and one month, offering an existing lease term for a buyer to evaluate.
The property occupies 1.13 acres along NE Loop 286, a highway carrying approximately 30,000 vehicles daily. The entire lot is paved, providing substantial on-site parking and circulation area. The property is currently leased for one year and one month, offering an existing lease term for a buyer to evaluate.
Key Highlights
- 10,400‑square‑foot commercial building on 1.13 acres
- Approximately 30,000 vehicles pass daily on the nearby highway
- Entire lot is paved for on‑site parking and circulation
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$53,088
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,061,760
$1.1M
Cap Rate 7%
$758,400
$758.4K
Cap Rate 9%
$589,867
$589.9K
Market Conditions
NOI Build-Up for 10,400 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$83.6K $8.04/SF
− Vacancy
−$7.8K −$0.75/SF
EGI
$75.8K $7.29/SF
− OpEx
−$22.8K −$2.19/SF
NOI
$53.1K $5.10/SF
Area
Lamar County, TX
Vacancy
9.30%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,061,760
Cap Rate 7%
$758,400
Cap Rate 9%
$589,867
Alternative Uses
Best Use
Industrial
$758.4K
$663.6K – $884.8K
NOI $53,088 @ 7.0% cap · market cap 5.96%
Second Best
Flex RnD
$704.2K
$616.2K – $821.6K
NOI $49,296 @ 7.0% cap · market cap 5.54%
Theoretical Best
Hotel Hospitality
$7.83M
$6.85M – $9.14M
NOI $548,340 @ 7.0% cap · market cap 61.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75460, TX
22,925
Population
11,210
Households
2
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
101.9 sq mi
ZIP Area
225
Density / Sq Mi
$44,241
Median Household Income
$30,546
Median Earnings
$895
Median Rent
$123,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Taqueria y Fruteria Ramirez — 110 S Collegiate Dr, Paris, TX 75460
Frequently Asked Questions
What type of property is this?
Flex space - Metal-sided commercial building with high ceilings, large windows, and a fully paved site.
Where is this flex space located?
The property is located at 3330 NE Loop 286 Paris, TX.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: 10,400‑square‑foot commercial building on 1.13 acres; Approximately 30,000 vehicles pass daily on the nearby highway; Entire lot is paved for on‑site parking and circulation
