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Multi-Tenant Warehouse and Office Hub

3790 Lamar Avenue Paris, TX 75462

Claim this Listing
For Sale
$3,650,000

COMMERCIAL - Paris, TX

Property size:
69,000 SF
Lot size:
8.19 Acres
Price / SF:
$52.90/SF
Added:
May 28, 2026
Days on Market:
48
Last Refresh:
Jul 14 at 4:06 am

Property Features for 3790 Lamar Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
21145
Lot size
8.19 Acres

Taxes and HOA fees

Tax Description
CITY OF PARIS, BLOCK 313, LOT PT 3 & PT 4, 37
Tax Annual Amount
20728

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public

Building Details

Floors in Building
1
Number of units
1
Flooring type
Vinyl, Concrete
Building materials
MetalSiding
Roof type
Metal

Listing agent Bryan Glass License #0614699

Listing office Glass Land and Home LLC Paris, TX

Listing date May 28, 2026

MLS# 21198211

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.

This property is a 69,000 SF commercial facility designed to support both office and warehouse use. It includes two updated office suites featuring multiple offices, a conference room, reception area, kitchen and break room, and multiple bathrooms. The warehouse portion is configured to accommodate multi-tenant occupants or a principal use, with both ground loading and doc height available. Additional access includes a ramp entrance, and the building has undergone notable improvements such as re-skinning of siding, exterior paint, fire compression system updates, sprinkler work, and new concrete driveway and approach.

The site is located just off Loop 286 and the Highway 82 East travel corridor in Paris, Texas, providing connectivity to a wider NE Texas, DFW, and SE Oklahoma market via a 4-lane traffic environment. It sits adjacent to established retail and service businesses including Walgreens, CVS, and Walmart, along with Paris Town Center and other nearby shops, plus a new hotel anticipated for 2027.

With office and warehouse capabilities in place, this offering is well-suited for companies seeking a headquarters-plus-warehouse arrangement or a tenant-ready distribution and storage setup. The availability of additional yard space on approximately 8.1 acres also supports expansion, add-on development, or outdoor staging needs for growth-minded operators.

Key Highlights

  • 69,000 SF commercial building in Paris, TX, positioned near the Loop 286 and Hwy 82 East travel corridor
  • 2 updated office suites with multiple offices, conference room, reception area, kitchen/break room, and multiple bathrooms
  • Warehouse space configured for multi‑tenant occupants or principal use, with doc height and ground loading plus an additional ramp entrance

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $554.8k $8.04
− Vacancy −$51.6k −$0.75
EGI $503.2k $7.29
− OpEx −$176.1k −$2.55
NOI $327.1k $4.74
69,000 SF · lease $8.04/SF/yr · vacancy 9.30% · expense 35.00%

Alternative Uses

Best Use
Office B
$17.03M
$14.90M – $19.87M (±1% cap)
NOI $1,192,320 @ 7.0% cap · market cap 32.67%
Second Best
Warehouse
$6.11M
$5.35M – $7.13M (±1% cap)
NOI $427,692 @ 7.0% cap · market cap 11.72%
Theoretical Best
Hotel Hospitality
$51.97M
$45.48M – $60.63M (±1% cap)
NOI $3,638,025 @ 7.0% cap · market cap 99.67%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Law Firm Big Box & Wholesale Store Building Supply HVAC Service Storage Facility Kitchen & Bath Showroom Auto Parts Store Garden Center Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • All Smoke, No Mirrors Barbecue — 4750 Pine Mill Rd, Paris, TX 75462

FAQs

What type of property is this?
Flex space - Updated office suites and flexible warehouse configurations offer a strong platform for regional operations and growth.
Where is this flex space located?
The property is located at 3790 Lamar Avenue Paris, TX.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: 69,000 SF commercial building in Paris, TX, positioned near the Loop 286 and Hwy 82 East travel corridor; 2 updated office suites with multiple offices, conference room, reception area, kitchen/break room, and multiple bathrooms; Warehouse space configured for multi‑tenant occupants or principal use, with doc height and ground loading plus an additional ramp entrance
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