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Retail Storefront with Main Street Exposure
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1140 N Main Street, Paris, TX 75460

Visible storefront on a primary commercial corridor with about 9,900 vehicles per day for strong local presence.

Property Size1,800 SF
Lot Size0.85 Acres
Price / SF$208.33
Days on Market148

Property Features for 1140 N Main Street

General Information

Standard status Active
Size 1,800 SF
Lot size 0.85 Acres
Property subtype Retail
Investment Type Owner/User

Additional Details

Traffic Count 9,900 vehicles/day
Listing Agency: Focus Commercial Real Estate
Listed By: Corey Fuhrman · License #AB00081934
Source: Crexi
Added: May 28 Changed: Oct 15 Last Checked: Oct 20 at 8:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Focus Commercial Real Estate

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Investment Insights

Based on property information with market context.

1140 N Main Street is a visible retail storefront property totaling approximately 1,800 square feet, situated on about 0.85 acres. The site is set up as a straightforward, adaptable building for a range of uses, including daily-needs retail, service-oriented businesses, automotive-related concepts, and healthcare or local business operations. This configuration supports owner users and investors seeking a functional layout without the added complexity of a larger redevelopment.

The property is positioned along one of Paris, Texas’ primary commercial corridors on N Main Street. Main Street carries approximately 9,900 vehicles per day, contributing consistent exposure to local traffic and surrounding commercial activity in Lamar County. Paris serves as a regional commercial center for northeast Texas, drawing customers from the local area and nearby communities.

From a tenant or buyer perspective, the combination of corridor visibility, accessible site dimensions, and flexible reuse helps support multiple operating models, including retail, service, or owner-user occupancy. Buyers evaluating this property can consider it as a practical option for establishing a presence on a busy local trade area while maintaining the ability to adapt the space to suit their intended use.

Key Highlights

  • 1,800 SF commercial building on approximately 0.85 acres
  • Visible storefront on a primary commercial corridor in Paris, Lamar County
  • Main Street averages about 9,900 vehicles per day for consistent local traffic exposure

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,877
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,540 $597.5K
Cap Rate 7%
$426,814 $426.8K
Cap Rate 9%
$331,967 $332.0K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$44.9K $24.96/SF
− Vacancy
−$2.2K −$1.25/SF
EGI
$42.7K $23.71/SF
− OpEx
−$12.8K −$7.11/SF
NOI
$29.9K $16.60/SF
Area
Lamar County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,540
Cap Rate 7%
$426,814
Cap Rate 9%
$331,967

Alternative Uses

Best Use
Retail
$426.8K
$373.5K – $498.0K (±1% cap)
NOI $29,877 @ 7.0% cap · market cap 7.97%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.36M
$1.19M – $1.58M (±1% cap)
NOI $94,905 @ 7.0% cap · market cap 25.31%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Car-Mart of Paris Car Dealership

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Garden Center Kitchen & Bath Showroom Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9,900 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

233
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
4,729 visits/mo 0.5 miles
Exxon Shops & Services
4,045 visits/mo 0.3 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Visible storefront on a primary commercial corridor with about 9,900 vehicles per day for strong local presence.
Where is this storefront property located?
The property is located at 1140 N Main Street Paris, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,800 SF commercial building on approximately 0.85 acres; Visible storefront on a primary commercial corridor in Paris, Lamar County; Main Street averages about 9,900 vehicles per day for consistent local traffic exposure
(479) 504-2034 Call to check price and availability
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