Commercial Building with
For Sale
$279,900
1865 N Main, Paris, TX 75460
Commercial building with shop, office, and one-bedroom apartment.
Property Size3,600 SF
Lot Size0.98 Acres
Price / SF$77.75
Days on Market102
Property Features for 1865 N Main
General Information
Standard status
Active
Size
3,600 SF
Lot size
0.98 Acres
Property subtype
Commercial
Building Details
Year Built
1974
Listing Agency:
Lonestar Realty
(903) 785-1333
Listed By:
Peggy Finney · License #0440072
(903) 782-6370
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 31 at 1:20PM
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 Lonestar Realty
Investment Insights
Based on property information with market context.
This highly visible commercial building is situated on almost an acre in a location with quick access to the Loop. The shop measures 95 x 40 and features three overhead doors, two side doors, and a main front entrance. It also includes a loft area and a separate shop restroom. The office area connects to a one-bedroom apartment with one full bathroom and shower. The property is equipped with three AC units, two for the shop area and one for the office and apartment. The property offers space and parking suitable for a variety of business opportunities.
Key Highlights
- Excellent location with quick access to the Loop.
- Large shop (95 X 40) with 3 overhead doors.
- One‑bedroom apartment included.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.9k | $8.04 |
| − Vacancy | −$2.7k | −$0.75 |
| EGI | $26.3k | $7.29 |
| − OpEx | −$7.9k | −$2.19 |
| NOI | $18.4k | $5.10 |
3,600 SF · lease $8.04/SF/yr · vacancy 9.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$853.6K
$746.9K – $995.9K
NOI $59,754 @ 7.0% cap · market cap 21.35%
Second Best
Industrial
$262.5K
$229.7K – $306.3K
NOI $18,377 @ 7.0% cap · market cap 6.57%
Theoretical Best
Hotel Hospitality
$2.71M
$2.37M – $3.16M
NOI $189,810 @ 7.0% cap · market cap 67.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
83k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 75%
Shops & Services 25%
Whataburger
Dining
26,521 visits/mo
0.4 miles
SONIC Drive In
Dining
12,036 visits/mo
0.3 miles
Dollar General
Shops & Services
11,021 visits/mo
0.3 miles
Taco Casa
Dining
10,367 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
9,034 visits/mo
0.4 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Mike's Custom Paint & Body — 1310 N Main St, Paris, TX 75460
- robert's wrecker – towing service located in paris tx — 1303 N Main St, Paris, TX 75460
- Millers Oilube — 927 N Main St, Paris, TX 75460
- Tri State Auto Glass — 1011 N Main St, Paris, TX 75460
- Pat Bright Transmission Repair — 912 N Main St, Paris, TX 75460
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial building with shop, office, and one-bedroom apartment.
Where is this auto shop located?
The property is located at 1865 N Main Paris, TX.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Excellent location with quick access to the Loop.; Large shop (95 X 40) with **3 overhead doors**.; One‑bedroom apartment included.
