Warehouse with Office on FM
2925 Farm Road 79 Paris, TX 75460
For Sale
$265,000
4-acre commercial property with warehouse and office space for sale.
Property Size1,718 SF
Lot Size4.00 Acres
Price / SF$154.25
Days on Market97
Property Features for 2925 Farm Road 79
General Information
- Standard status
- Active
- Size
- 1,718 SF
- Lot size
- 4.00 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1999
Listing Agency:
Century 21 Harvey Properties-P
(903) 785-8484
Listed By:
Renee Harvey · License #0327480
(903) 785-8484
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 26 at 4:51PM
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 Century 21 Harvey Properties-P
Investment Insights
Based on property information with market context.
This 4-acre commercial property is located on Farm Road 79, approximately half a mile from Loop 286 in Paris. The property includes a 1,718 square foot warehouse with office space. It features 3 roll-up doors and ample parking. The location offers high visibility, with an Average Annual Daily Traffic (AADT) count of 6,820 vehicles on Farm Road 79. The property is equipped with 3-phase electricity, 2-inch water lines, and city sewer. This location is suitable for various business needs, expansion, relocation, or new ventures.
Key Highlights
- Prime commercial location on FM 79, half a mile from Loop 286 in Paris.
- 1,718 sq ft warehouse with office space.
- High visibility with an AADT of 6,820 on FM 79.
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 | $13.8k | $8.04 |
| − Vacancy | −$1.3k | −$0.75 |
| EGI | $12.5k | $7.29 |
| − OpEx | −$1.9k | −$1.09 |
| NOI | $10.6k | $6.20 |
1,718 SF · lease $8.04/SF/yr · vacancy 9.30% · expense 15.00%
Alternative Uses
Best Use
Office B
$424.1K
$371.1K – $494.8K
NOI $29,687 @ 7.0% cap · market cap 11.20%
Second Best
Warehouse
$152.1K
$133.1K – $177.5K
NOI $10,649 @ 7.0% cap · market cap 4.02%
Theoretical Best
Hotel Hospitality
$1.29M
$1.13M – $1.51M
NOI $90,582 @ 7.0% cap · market cap 34.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar Off Market Nearby
- Castlerock Storage - Paris, TX — 2420 FM79, Paris, TX 75460
FAQs
What type of property is this?
Warehouse - 4-acre commercial property with warehouse and office space for sale.
Where is this warehouse located?
The property is located at 2925 Farm Road 79 Paris, TX.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Prime commercial location on FM 79, half a mile from Loop 286 in Paris.; 1,718 sq ft warehouse with office space.; High visibility with an AADT of 6,820 on FM 79.
