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Fenced Flex Space Facility
For Sale
$1,450,000

2460 Farm Road 79, Paris, TX 75460

CommercialSale, Paris, TX

Property Size8,000 SF
Lot Size3.58 Acres
Price / SF$181.25
Days on Market49

Property Features for 2460 Farm Road 79

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking features Driveway
Subdivision City Of Paris
Lot features Acreage, Cleared, Flat
Directions NW Loop 286, exit FM 79 or 19th NW, head West property on the Right. SIY
Standard status Active
APN 103465
Lot size 3.58 Acres

Additional Details

Business Included Yes
Property Use Equipment Rental and Sales

Taxes and HOA fees

Tax Description CITY OF PARIS, BLOCK 323, LOT 10, FM 79, ACRE
Tax Annual Amount 3037
Legal Description CITY OF PARIS, BLOCK 323, LOT 10, FM 79, ACRE

Utilities

Sewer type Public Sewer, Septic Tank
Heating system Electric (Heating), Central
Cooling system Central Air, Wall Unit(s), Electric
Water source Public

Building Details

Year built 1988
Floors in Building 1
Number of units 1
Flooring type Concrete, Linoleum, Carpet
Building materials MetalSiding
Roof type Metal
Buildings 1
Listing Agency: Keller Williams Legacy · Keller Williams Realty
Listed By: Chad Stephens · License #0434869
Added: Sep 16 Changed: Oct 24 Last Checked: Nov 3 at 2:06AM
MLS# 21386990

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 8,000-square-foot metal flex facility sits on 3.58 acres and includes office, bathroom, parts, workroom, loft, and shop areas. The building contains approximately 1,600 square feet of office and support space, an additional 1,600-square-foot upstairs loft, and a 6,400-square-foot shop. Four overhead doors with automatic openers, two personnel entrances, LED lighting, gas heaters, air lines, and predominantly insulated construction support a range of commercial operations.

A six-foot chain-link fence encloses the rear yard for outdoor storage and equipment use. Concrete drives reach the shop, while aggregate parking accommodates customers, inventory, equipment, and vehicles. Public water service and electric and central heating and cooling are in place. Built in 1988, the property is offered with an operating equipment rental and sales business, inventory, tools, and FF&E. Zoning, permitted uses, licensing, and city requirements should be independently verified.

Key Highlights

  • 3.58‑acre site with an approximately 8,000 SF metal building
  • Approximately 6,400 SF shop with four overhead doors and automatic openers
  • Approximately 1,600 SF of offices, bathrooms, parts department, and workroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$49,588
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$991,760 $991.8K
Cap Rate 7%
$708,400 $708.4K
Cap Rate 9%
$550,978 $551.0K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$64.3K $8.04/SF
− Vacancy
−$6.0K −$0.75/SF
EGI
$58.3K $7.29/SF
− OpEx
−$8.8K −$1.09/SF
NOI
$49.6K $6.20/SF
Area
Lamar County, TX
Vacancy
9.30%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$991,760
Cap Rate 7%
$708,400
Cap Rate 9%
$550,978

Alternative Uses

Best Use
Warehouse
$708.4K
$619.9K – $826.5K (±1% cap)
NOI $49,588 @ 7.0% cap · market cap 3.42%
Second Best
Industrial
$583.4K
$510.5K – $680.6K (±1% cap)
NOI $40,837 @ 7.0% cap · market cap 2.82%
Theoretical Best
Hotel Hospitality
$6.03M
$5.27M – $7.03M (±1% cap)
NOI $421,800 @ 7.0% cap · market cap 29.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Flex space

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Electrical Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby
Well-served
Demand for This Use

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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Metal flex facility with offices, shop space, and secure outdoor storage.
Where is this flex space located?
The property is located at 2460 Farm Road 79 Paris, TX.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 3.58‑acre site with an approximately 8,000 SF metal building; Approximately 6,400 SF shop with four overhead doors and automatic openers; Approximately 1,600 SF of offices, bathrooms, parts department, and workroom
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