Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1260 Clarksville Street Paris, TX 75460

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,125,000

    Adaptable commercial property suitable for restaurant, office, medical, or retail.

    Type:Commercial
    Property size:
    6,300 SF
    Price / SF:
    $178/SF
    Added:
    Apr 22, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 22 at 5:14 pm

    Property Features for 1260 Clarksville Street

    General Information

    Standard status
    Active
    Size
    6,300 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1930

    We can help!

    Listing Contact
    Kelly Horton

    Listing agent Kelly Horton

    Listing office Park Place Real Estate

    Listing date Apr 22, 2026

    Source Signaturere

    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 Park Place Real Estate

    Overview

    Versatile Commercial Building For Sale

    This commercial property offers a prominent location with consistent traffic and a long-standing customer base. It presents a strong opportunity for an experienced operator seeking growth or a new market presence. Currently configured as a turnkey restaurant operation with hoods and coolers in place, it is suitable for an owner-operator or strategic investors. The property is easily convertible to office, medical, or retail use, offering flexibility for various business models. It features a second-story office or workspace. The dining rooms are designed to accommodate high-volume service. The property includes two parking lots and a large on-site patio, enhancing its appeal for a range of commercial applications. The building size is 6,300 square feet.
    Location Intelligence

    Current Use by Public Records

    Bing's Wings Restaurant The High Side Restaurant High Cotton Kitchen Restaurant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Lamar
    State
    Texas
    Longitude
    -95.5429638
    Latitude
    33.6584163

    Nearby Similar for Sale

    • $895,000

      Versatile Commercial Property in Paris, TX

      11,000+ SF commercial property with multi-use potential in Paris.
      1905 E Price Street, Paris, TX 75460
      View Details
    • $895,000

      Versatile Commercial Property in Paris, TX

      11,000+ SF commercial property with multi-use potential in Paris.
      1905 E Price Street, Paris, TX 75460
      View Details
    • $515,000

      Paris Office/Warehouse on Main Thoroughfare

      Versatile office/warehouse on 1.25 acres with high visibility.
      1485 N Main Street, Paris, TX 75460
      View Details
    • $649,000

      Updated Building on Main Drag

      8077 sq ft building on 2+ acres.
      2301 N Main Street, Paris, TX 75460
      View Details
    • $495,000
      4,560 SF

      Commercial Building For Sale

      Commercial building for sale with high traffic count.
      2280 NE Loop 286, Paris, TX 75460
      View Details
    • $619,900

      Retail Property on High-Traffic Highway

      Retail property built in 2021 on 3.65 acres.
      3258 E US Highway 82, Paris, TX 75462
      View Details
    • $300,000

      Commercial Building on Large Lot

      Highly visible commercial building with apartment and shop in Paris.
      1865 N MAIN, Paris, TX 75460
      View Details
    • $890,000

      Prime Commercial Property on Loop

      High-visibility commercial property on 1.13 acres in Paris, TX.
      3330 NE Loop 286, Paris, TX 75460
      View Details
    • $335,000

      Remodeled Commercial Property with Open Layout

      Updated commercial space suitable for retail, office, or wellness studios.
      3015 Clarksville Street, Paris, TX 75460
      View Details
    • $350,000

      Fuel Distribution Center Opportunity

      Fuel distribution center on 1.13 acres in Paris, TX.
      2190 S Church Street, Paris, TX 75460
      View Details
    • $1,080,000

      Paris, TX Commercial Office Building

      Tenant-occupied office building with government lease in place.
      2625 S Church, Paris, TX 75460
      View Details
    • $579,000

      Former Restaurant in Downtown Paris

      Former restaurant on over 1 acre in Downtown Paris.
      350 NW 1st, Paris, TX 75460
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Adaptable commercial property suitable for restaurant, office, medical, or retail.
    Where is this conventional restaurant located?
    The property is located at 1260 Clarksville Street Paris, TX.
    What is the asking price?
    The asking price for this property is $1,125,000.
    What are key features of this property?
    This property features: Prominent location with consistent traffic and long‑standing customer following.; Turnkey operation with hoods and coolers in place.; Easily convertible to office, medical, or retail use.
    We can help!
    Listing Contact
    Kelly Horton
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!