Building Details

Year Built 2007

Listing Agency: NAI RED Commercial Real Estate n***@naired.com Show Phone

Listed By: Nathan Wilson · License #OK #171981 Show Phone

Source: Naiglobal

Added: Apr 9 Changed: Jul 10 Last Checked: Jul 30 at 4:59AM

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Investment Insights

Based on property information with market context.

This commercial real estate property is a retail space located on Lamar Avenue in Paris, Texas. The property is offered for sale and has a cap rate of 7.00%.

Key Highlights

• Cap Rate: A solid 7.00%
• Year Built: Constructed in 2007

Property Analytics

Property Profile

Current Use

GameStop Arcade & Gaming Center

Suggested Use

Top Pick Law Firm HVAC Service (Bike/Boat/Book/etc) Store Garden Center Locksmith Storage Facility

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

Location Intelligence

Trade Area within ½ mile

594

Businesses Nearby

534k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 40% Apparel 20% Superstores 17% Shops & Services 13%

Walmart Superstores

90,954 visits/mo 0.2 miles

T.J. Maxx Apparel

36,302 visits/mo 0.4 miles

Braum's Ice Cream & Dairy Stores Dining

34,866 visits/mo 0.3 miles

McDonald's Dining

34,527 visits/mo 0.1 miles

Hobby Lobby Shops & Services

31,325 visits/mo 0.3 miles

Demographics for 75462, TX

12,016

Population

4,717

Households

2.5

Avg Household Size

43

Median Age

29%

College-Educated

90%

High-School Grad

192.7 sq mi

ZIP Area

62

Density / Sq Mi

$72,576

Median Household Income

$41,284

Median Earnings

$961

Median Rent

$226,800

Median Home Value

Market

Properties on Market for Retail properties & Spaces in Paris

Jan

Feb

Mar

Apr

May

Jun

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail properties & spaces located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail property - Retail property for sale with a 7.00% cap rate.

Where is this retail property located?

The property is located at 3842 Lamar Avenue Paris, TX.

What is the asking price?

The asking price for this property is $3,323,278.

What are key features of this property?

This property features: Cap Rate: A solid 7.00%; Year Built: Constructed in 2007