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Warehouse with Office Apartment

1865 N MAIN Paris, TX 75460

1865 N MAIN, Paris, TX, 75460
$259,900
For Sale
$259,900

COMMERCIAL - Paris, TX

Property Size3,800 SF
Lot Size0.98 Acres
Price / SF$68.39
Days on Market11

Property Features for 1865 N MAIN

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
53595
Lot size
0.98 Acres

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Central Air, Electric
Water source
Public

Building Details

Year built
1974
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
MetalSiding
Roof type
Metal
Listing Agency Lonestar Realty
Paris, TX
Listed by Peggy Finney · License #0440072
Added: Jul 9 Checked: Jul 19 at 4:06 am
MLS# 21080050

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.


Investment Insights

Based on property information with market context.

This highly visible warehouse-style building includes a 95-by-40 shop area with three overhead doors, two side doors, and a main front entrance. The layout also features a loft area and a separate shop restroom, with an office area that connects to a one-bedroom apartment with one full bathroom and shower. Three AC units are included—two serving the shop area and one serving the office and apartment.

The property sits on nearly an acre and is positioned for quick access to the Loop. Parking is available to support a range of business uses.

With its combination of shop space, overhead access, and on-site office/apartment configuration, the building is set up for businesses that need both operational space and a separate customer-facing or work-and-living component.

Key Highlights

  • Highly visible commercial building on almost 1 acre with quick access to the Loop
  • Shop measures 95 x 40 with 3 overhead doors, 2 side doors, and a main front entrance
  • Loft area plus separate shop restroom

Local Financial Insights For Warehouse

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 $30.6k $8.04
− Vacancy −$2.8k −$0.75
EGI $27.7k $7.29
− OpEx −$4.2k −$1.09
NOI $23.6k $6.20
3,800 SF · lease $8.04/SF/yr · vacancy 9.30% · expense 15.00%

Alternative Uses

Best Use
Office B
$938.1K
$820.8K – $1.09M (±1% cap)
NOI $65,664 @ 7.0% cap · market cap 25.27%
Second Best
Mixed Use
$468.2K
$409.7K – $546.3K (±1% cap)
NOI $32,775 @ 7.0% cap · market cap 12.61%
Theoretical Best
Hotel Hospitality
$2.86M
$2.50M – $3.34M (±1% cap)
NOI $200,355 @ 7.0% cap · market cap 77.09%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Engine Doc Machine ... Industrial Manufacturer

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Garden Center Dental Office (Bike/Boat/Book/etc) Store Bakery Skin Care Clinic Electrical Service Gym & Fitness Center

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

FAQs

What type of property is this?
Flex space - A 95-by-40 shop building with three overhead doors and an office connected to a one-bedroom apartment with shower.
Where is this flex space located?
The property is located at 1865 N MAIN Paris, TX.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Highly visible commercial building on almost 1 acre with quick access to the Loop; Shop measures 95 x 40 with 3 overhead doors, 2 side doors, and a main front entrance; Loft area plus separate shop restroom
Contact an agent
More about this property
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