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    Self-Service Gas Station Corner Lot Title is generated by Realmo AI

    1810 N Main Street, Paris, TX 75460

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    Claim this Listing
    For Sale
    $175,000

    COMMERCIAL - Paris, TX

    Lot size:
    0.47 Acres
    Added:
    Dec 18, 2025
    Days on Market:
    167
    Last Refresh:
    Jun 3 at 4:06 pm

    Property Features for 1810 N Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Covered
    Standard status
    Active
    APN
    11298
    Lot size
    0.47 Acres

    Taxes and HOA fees

    Tax Description
    FAIRVIEW ADDITION(CLEMENTS), BLOCK 5, LOT 2 &
    Tax Annual Amount
    917

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Space Heater
    Cooling system
    Wall Unit(s), Electric
    Water source
    Public

    Building Details

    Year built
    1969
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    MetalSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Chad Stephens
    Chad Stephens

    Listing agent Chad Stephens License #0434869

    Listing office Keller Williams Legacy TX

    Listing date Dec 18, 2025

    MLS# 21126622

    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.

    HighLights

    • 0.47‑acre corner lot with road frontage on N. Main St (Hwy 271 Business), Clement St, and 1st NE St
    • Currently configured as a self‑service gas station on highly trafficked N. Main St (Hwy 271 Business)
    • Self‑serve ice machine on‑site with $650 monthly rental income
    • Fuel services focus with public water via public water and sewer via public sewer
    • Metal roof, metal siding exterior, and concrete flooring; built in 1969
    • On‑site covered parking

    Overview

    The property is currently configured as a self-service gas station, designed for fueling operations with straightforward customer access. In addition to the fuel services, the site includes a self-serve ice machine that is generating monthly rental income of $650.

    Set on a corner lot with road frontage on N. Main Street, Clement Street, and 1st NE Street, the location is positioned on a highly trafficked corridor. The property sits across from Paris Chevrolet, providing strong automotive-related adjacency and exposure along N. Main Street (Hwy 271 Business). A multi-street frontage site like this supports businesses that rely on frequent pass-by demand and easy navigation for customers.

    This offering can fit a variety of fuel service operators and buyers seeking a ready-to-run automotive-oriented site. It is also presented as an opportunity for city or county contracts related to fuel services. Given the corner placement and nearby dealership environment, the property could be particularly relevant for uses such as a used car lot or automotive services, subject to applicable requirements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Nail Salon Gym & Fitness Center Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Lamar
    State
    Texas
    Longitude
    -95.5551143
    Latitude
    33.6790918

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    FAQs

    What type of property is this?
    Gas station - High-visibility corner gas station with multiple street frontages and income-producing ice machine on a major business corridor.
    Where is this gas station located?
    The property is located at 1810 N Main Street Paris, TX.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: 0.47‑acre corner lot with road frontage on N. Main St (Hwy 271 Business), Clement St, and 1st NE St; Currently configured as a self‑service gas station on highly trafficked N. Main St (Hwy 271 Business); Self‑serve ice machine on‑site with $650 monthly rental income
    (972) 599-7000
    We can help!
    Listing Contact
    Chad Stephens
    Chad Stephens
    Real Estate License ID: 0434869
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    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.

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