Flex Space with
For Sale
$199,000
2925 Farm Road 79, Paris, TX 75460
CommercialSale, Paris, TX
Property Size1,718 SF
Lot Size4.00 Acres
Price / SF$115.83
Days on Market48
Property Features for 2925 Farm Road 79
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
COM
Lot features
Acreage
Directions
From Paris take loop 286 west to Fm79. Continue West on 79 for 0.67 miles. Property on the South side of road.
Standard status
Active
APN
20982
Size
1,718 SF
Lot size
4.00 Acres
Taxes and HOA fees
Tax Description
CITY OF PARIS, BLOCK 324, LOT 19, FM 79, ACRES 4.
Legal Description
CITY OF PARIS, BLOCK 324, LOT 19, FM 79, ACRES 4.
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1999
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Brick, MetalSiding
Roof type
Metal
Listing Agency:
Century 21 Harvey Properties-P
(903) 785-8484
Listed By:
Renee Harvey · License #0327480
(903) 583-3188
Added: Aug 23
Changed: Aug 26
Last Checked: Oct 9 at 9:06PM
MLS# 20816973
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 flex property includes a 1,718-square-foot warehouse with office space on a 4-acre commercial site. The building has three roll-up doors, concrete flooring, a metal roof, brick and metal siding, and window-unit cooling. Built in 1999, the property also includes parking for business operations.
The site is positioned on Farm Road 79, approximately half a mile from Loop 286 in Paris. FM 79 carries an AADT of 6,820, providing exposure along a traveled commercial route. Infrastructure includes three-phase electricity, 2-inch water lines, public water, and public sewer.
The site is positioned on Farm Road 79, approximately half a mile from Loop 286 in Paris. FM 79 carries an AADT of 6,820, providing exposure along a traveled commercial route. Infrastructure includes three-phase electricity, 2-inch water lines, public water, and public sewer.
Key Highlights
- 4‑acre commercial site at 2925 Farm Road 79, Paris, TX 75460
- 1,718‑square‑foot warehouse with office space
- Three roll‑up doors and ample parking space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,649
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$212,980
$213.0K
Cap Rate 7%
$152,129
$152.1K
Cap Rate 9%
$118,322
$118.3K
Market Conditions
NOI Build-Up for 1,718 SF
Gross rent
$13.8K $8.04/SF
− Vacancy
−$1.3K −$0.75/SF
EGI
$12.5K $7.29/SF
− OpEx
−$1.9K −$1.09/SF
NOI
$10.6K $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%
$212,980
Cap Rate 7%
$152,129
Cap Rate 9%
$118,322
Alternative Uses
Best Use
Warehouse
$152.1K
$133.1K – $177.5K
NOI $10,649 @ 7.0% cap · market cap 5.35%
Second Best
Industrial
$125.3K
$109.6K – $146.2K
NOI $8,770 @ 7.0% cap · market cap 4.41%
Theoretical Best
Hotel Hospitality
$1.29M
$1.13M – $1.51M
NOI $90,582 @ 7.0% cap · market cap 45.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Well-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
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
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Frequently Asked Questions
What type of property is this?
Flex space - Flex property featuring office space, warehouse functionality, and access to public utilities.
Where is this flex space located?
The property is located at 2925 Farm Road 79 Paris, TX.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 4‑acre commercial site at 2925 Farm Road 79, Paris, TX 75460; 1,718‑square‑foot warehouse with office space; Three roll‑up doors and ample parking space
