Flex Space with
2750 Bonham Street, Paris, TX 75460
For Sale
$525,000
Combined administrative and industrial areas support office functions, storage, loading, inventory, fabrication, and distribution operations.
Property Size6,000 SF
Lot Size2.68 Acres
Price / SF$87.50
Days on Market94
Property Features for 2750 Bonham Street
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Road Access
Outdoor Storage
Additional Details
Clear Span
Building Details
Buildings
Construction
Listing Agency:
Hygge Homes and Land
(903) 609-2050
Listed By:
Meagen Smith · License #0679901
(903) 495-4645
Source:
Lonestarluxuryrealty
Added: Aug 8
Changed: Nov 1
Last Checked: Nov 8 at 6:57AM
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 Hygge Homes and Land
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Investment Insights
Based on property information with market context.
Located at 2750 Bonham Street in Paris, TX, this flex property combines a front office component with warehouse space on approximately 2.68 acres. The office area includes reception, private offices, storage rooms, a break room with full kitchen, and multiple restrooms. The warehouse offers clear-span workspace, high ceilings, concrete floors, overhead roll-up doors, shelving, and racking.
Paved parking and a sizable yard provide additional outdoor utility for storage and vehicle access. Wide access points support loading and unloading, while the overall configuration accommodates administrative, inventory, equipment, fabrication, and distribution functions. The property also includes acreage that can support additional buildings, outdoor storage, or future expansion, subject to applicable approvals.
Paved parking and a sizable yard provide additional outdoor utility for storage and vehicle access. Wide access points support loading and unloading, while the overall configuration accommodates administrative, inventory, equipment, fabrication, and distribution functions. The property also includes acreage that can support additional buildings, outdoor storage, or future expansion, subject to applicable approvals.
Key Highlights
- Approximately 2.68 acres at 2750 Bonham Street, Paris, TX 75460
- 6,000 property size
- Office area with reception, private offices, storage rooms, kitchen, break room, and multiple restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,191
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$743,820
$743.8K
Cap Rate 7%
$531,300
$531.3K
Cap Rate 9%
$413,233
$413.2K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$48.2K $8.04/SF
− Vacancy
−$4.5K −$0.75/SF
EGI
$43.8K $7.29/SF
− OpEx
−$6.6K −$1.09/SF
NOI
$37.2K $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%
$743,820
Cap Rate 7%
$531,300
Cap Rate 9%
$413,233
Alternative Uses
Best Use
Office B
$1.48M
$1.30M – $1.73M
NOI $103,680 @ 7.0% cap · market cap 19.75%
Second Best
Warehouse
$531.3K
$464.9K – $619.9K
NOI $37,191 @ 7.0% cap · market cap 7.08%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,744 @ 7.0% cap · market cap 28.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Under-served
Demand for This Use
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
$123,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Lamar County, TX
Properties on Market for Flex space in Lamar County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Combined administrative and industrial areas support office functions, storage, loading, inventory, fabrication, and distribution operations.
Where is this flex space located?
The property is located at 2750 Bonham Street Paris, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Approximately 2.68 acres at 2750 Bonham Street, Paris, TX 75460; 6,000 property size; Office area with reception, private offices, storage rooms, kitchen, break room, and multiple restrooms
