Remodeled Commercial Property on Clarksville
3015 Clarksville Street Paris, TX 75460
For Sale
$299,000
Remodeled commercial property with open floor plan and shaded parking.
Property Size1,232 SF
Lot Size0.45 Acres
Price / SF$242.69
Days on Market97
Property Features for 3015 Clarksville Street
General Information
- Standard status
- Active
- Size
- 1,232 SF
- Lot size
- 0.45 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing Agency:
Century 21 Harvey Properties-P
(903) 785-8484
Listed By:
Rusty Lowe · License #0435783
(903) 782-4010
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 26 at 6:16PM
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 1,232-square-foot commercial property, updated in 2024, is currently operating as a men's barbershop. The building features a mostly open floor plan that allows for customization to suit a range of commercial uses, such as boutique retail, cafes, professional offices, or wellness studios. The property includes shaded parking for guests and clientele. A wooden fence provides privacy, separating the property from the neighboring building. Situated on a 0.45-acre lot, the space offers room to grow or expand. This property is located on Clarksville Street in Paris, TX.
Key Highlights
- Remodeled in 2024, offering a modern and updated space.
- Versatile 1,232‑square‑foot open floor plan suitable for various commercial uses.
- Shaded parking for customer convenience.
Financial Insights For Retail
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 | $30.8k | $24.96 |
| − Vacancy | −$1.5k | −$1.25 |
| EGI | $29.2k | $23.71 |
| − OpEx | −$8.8k | −$7.11 |
| NOI | $20.4k | $16.60 |
1,232 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$292.1K
$255.6K – $340.8K
NOI $20,449 @ 7.0% cap · market cap 6.84%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$928.0K
$812.0K – $1.08M
NOI $64,957 @ 7.0% cap · market cap 21.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
FAQs
What type of property is this?
Storefront property - Remodeled commercial property with open floor plan and shaded parking.
Where is this storefront property located?
The property is located at 3015 Clarksville Street Paris, TX.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Remodeled in 2024, offering a modern and updated space.; Versatile 1,232‑square‑foot open floor plan suitable for various commercial uses.; Shaded parking for customer convenience.
