Auto Shop With
For Sale
$1,200,000
2038 N Main Street, Paris, TX 75460
CommercialSale, Paris, TX
Property Size3,000 SF
Lot Size0.34 Acres
Price / SF$400
Days on Market91
Property Features for 2038 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking features
Garage, Carport, Parking Lot, Open
Subdivision
City Of Paris
Directions
From Loop 286 in Paris, take the exit for N Main Street and head south. Shop will be on the East side of N Main about a mile down the road. For further instructions please see GPS.
Standard status
Active
APN
55649
Lot size
0.34 Acres
Taxes and HOA fees
Tax Description
CITY OF PARIS, BLOCK 250, LOT N100' OF 3, 203
Tax Annual Amount
1954
Legal Description
CITY OF PARIS, BLOCK 250, LOT N100' OF 3, 203
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
storage space
Building Details
Year built
1994
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
MetalSiding
Roof type
Metal
Listing Agency:
United Country Altaterra Realt
(903) 438-2585
Listed By:
James Ross IV · License #0741794
(903) 491-1719
Added: Jul 16
Changed: Oct 12
Last Checked: Oct 14 at 10:06AM
MLS# 21115416
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 3,000+ square-foot auto shop and tire business includes approximately 4,000 new and used tires, wheel balancers, compressors, and tools. The 1994 metal-sided building has concrete flooring, central heating and central air, along with storage areas, a carport, garage, open parking, and a parking lot. The property occupies 0.344 acres and is served by public water and public sewer.
Located at 2038 N Main Street in Paris, the property sits near Loop 286. The sale includes the operating business, equipment, and on-site tire inventory, providing an existing automotive sales and service setup with space for additional storage.
Located at 2038 N Main Street in Paris, the property sits near Loop 286. The sale includes the operating business, equipment, and on-site tire inventory, providing an existing automotive sales and service setup with space for additional storage.
Key Highlights
- Approximately 4,000 new and used tires included
- Includes wheel balancers, compressors, tools, and other equipment
- 3,000+ square‑foot building on 0.344 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,795
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$995,900
$995.9K
Cap Rate 7%
$711,357
$711.4K
Cap Rate 9%
$553,278
$553.3K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$74.9K $24.96/SF
− Vacancy
−$3.7K −$1.25/SF
EGI
$71.1K $23.71/SF
− OpEx
−$21.3K −$7.11/SF
NOI
$49.8K $16.60/SF
Area
Lamar County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$995,900
Cap Rate 7%
$711,357
Cap Rate 9%
$553,278
Alternative Uses
Best Use
Retail
$711.4K
$622.4K – $829.9K
NOI $49,795 @ 7.0% cap · market cap 4.15%
Second Best
Industrial
$218.8K
$191.4K – $255.2K
NOI $15,314 @ 7.0% cap · market cap 1.28%
Theoretical Best
Hotel Hospitality
$2.26M
$1.98M – $2.64M
NOI $158,175 @ 7.0% cap · market cap 13.18%
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
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
101k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 30%
Hotels & Casinos 2%
Electronics 1%
Whataburger
Dining
26,521 visits/mo
0.2 miles
SONIC Drive In
Dining
12,036 visits/mo
0.1 miles
Dollar General
Shops & Services
11,021 visits/mo
0.1 miles
Taco Casa
Dining
10,367 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
9,034 visits/mo
0.2 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Auto shop - Metal-sided commercial building includes tire inventory, service equipment, concrete flooring, and public utilities.
Where is this auto shop located?
The property is located at 2038 N Main Street Paris, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Approximately 4,000 new and used tires included; Includes wheel balancers, compressors, tools, and other equipment; 3,000+ square‑foot building on 0.344 acres
