Corner-Lot Flex
For Sale
$350,000
1425 S Church Street, Paris, TX 75460
CommercialSale, Paris, TX
Property Size4,000 SF
Lot Size0.90 Acres
Price / SF$87.50
Days on Market302
Property Features for 1425 S Church Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking features
Covered, Driveway, Parking Lot
Subdivision
Texas & Pacific Add
Lot features
Corner Lot, Level
Directions
On the corner of 3rd SE Street and S. Church Street
Standard status
Active
APN
19960
Lot size
0.90 Acres
Taxes and HOA fees
Tax Description
TEXAS & PACIFIC ADDITION, BLOCK 6, LOT 1,2,3,
Tax Annual Amount
1957
Legal Description
TEXAS & PACIFIC ADDITION, BLOCK 6, LOT 1,2,3,
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1980
Floors in Building
1
Number of units
1
Flooring type
Carpet, Linoleum, Concrete
Building materials
MetalSiding
Roof type
Metal
Listing Agency:
Keller Williams Legacy · Keller Williams Realty
(972) 599-7000
Listed By:
Chad Stephens · License #0434869
(903) 905-1640
Added: Dec 18, 2025
Changed: Oct 14
Last Checked: Oct 16 at 12:06PM
MLS# 21126651
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.
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Investment Insights
Based on property information with market context.
This 0.9-acre corner property includes a 4,000-square-foot metal building configured with office and warehouse areas. Interior finishes include carpet, concrete, and linoleum, with central and electric heating plus central air conditioning. Covered parking, a parking lot, driveway access, fencing, and a metal roof are also in place.
The property is located on S. Church Street in Paris, Texas, with public water and public sewer service. Existing site improvements include fuel pump sheds, above-ground storage tanks totaling 10,000, 6,000, 3,000, and 4,000 gallons, along with two 10,000-gallon underground tanks. The site was previously operated as a fuel distributorship.
The property is located on S. Church Street in Paris, Texas, with public water and public sewer service. Existing site improvements include fuel pump sheds, above-ground storage tanks totaling 10,000, 6,000, 3,000, and 4,000 gallons, along with two 10,000-gallon underground tanks. The site was previously operated as a fuel distributorship.
Key Highlights
- 0.9‑acre corner lot in Paris, TX
- 4,000 SF metal building with office and warehouse areas
- Above‑ground tanks: 10,000, 6,000, 3,000, and 4,000 gallons
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,794
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$495,880
$495.9K
Cap Rate 7%
$354,200
$354.2K
Cap Rate 9%
$275,489
$275.5K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$32.2K $8.04/SF
− Vacancy
−$3.0K −$0.75/SF
EGI
$29.2K $7.29/SF
− OpEx
−$4.4K −$1.09/SF
NOI
$24.8K $6.20/SF
Area
Lamar County, TX
Vacancy
9.30%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$495,880
Cap Rate 7%
$354,200
Cap Rate 9%
$275,489
Alternative Uses
Best Use
Warehouse
$354.2K
$309.9K – $413.2K
NOI $24,794 @ 7.0% cap · market cap 7.08%
Second Best
Industrial
$291.7K
$255.2K – $340.3K
NOI $20,418 @ 7.0% cap · market cap 5.83%
Theoretical Best
Hotel Hospitality
$3.01M
$2.64M – $3.52M
NOI $210,900 @ 7.0% cap · market cap 60.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
104
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Metal flex building combines office and warehouse areas with fenced parking and public utilities.
Where is this flex space located?
The property is located at 1425 S Church Street Paris, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 0.9‑acre corner lot in Paris, TX; 4,000 SF metal building with office and warehouse areas; Above‑ground tanks: 10,000, 6,000, 3,000, and 4,000 gallons
