Prime Commercial Land
For Sale
$570,000
2025 19th NW Street, Paris, TX 75460
High-traffic commercial land suitable for restaurant, fuel station, or industrial.
Property Size3,200 SF
Lot Size3.67 Acres
Price / SF$178.13
Days on Market1066
Property Features for 2025 19th NW Street
General Information
Standard status
Active
Size
3,200 SF
Lot size
3.67 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1959
Listing Agency:
Keller Williams Legacy
(903) 439-8198
Listed By:
Timothy Couch · License #0730983
(903) 439-8198
Source:
Exitrealty
Added: Sep 11, 2023
Changed: Aug 9
Last Checked: Aug 9 at 9:12PM
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 Keller Williams Legacy
Investment Insights
Based on property information with market context.
This property presents an ideal location for commercial or industrial ventures. Situated in a high-traffic area, the land offers nearly 1,000 feet of road frontage, making it suitable for a restaurant and fuel station or an industrial site. The property is located approximately one block from the railroad and is centered in a growing industrial area. American SpiralWeld Pipe Company has established a 146-acre operational base on the west side, with a bakery-industrial facility on the east side. The location provides immediate access to Loop 286, offering a prime opportunity. The property size is 3,200 square feet.
Key Highlights
- High‑traffic location with nearly 1,000 feet of road frontage.
- Ideal for restaurant/fuel station or industrial site.
- Immediate access to Loop 286.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,335
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$326,700
$326.7K
Cap Rate 7%
$233,357
$233.4K
Cap Rate 9%
$181,500
$181.5K
Market Conditions
NOI Build-Up for 3,200 SF
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.
Gross rent
$25.7K $8.04/SF
− Vacancy
−$2.4K −$0.75/SF
EGI
$23.3K $7.29/SF
− OpEx
−$7.0K −$2.19/SF
NOI
$16.3K $5.10/SF
Area
Lamar County, TX
Vacancy
9.30%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$326,700
Cap Rate 7%
$233,357
Cap Rate 9%
$181,500
Alternative Uses
Best Use
Specialty Retail
$813.0K
$711.4K – $948.5K
NOI $56,909 @ 7.0% cap · market cap 9.98%
Second Best
Retail
$758.8K
$663.9K – $885.3K
NOI $53,115 @ 7.0% cap · market cap 9.32%
Theoretical Best
Hotel Hospitality
$2.41M
$2.11M – $2.81M
NOI $168,720 @ 7.0% cap · market cap 29.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - High-traffic commercial land suitable for restaurant, fuel station, or industrial.
Where is this commercial land located?
The property is located at 2025 19th NW Street Paris, TX.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: High‑traffic location with nearly 1,000 feet of road frontage.; Ideal for restaurant/fuel station or industrial site.; Immediate access to Loop 286.
