Highway Retail Property For
3258 E Us Highway 82 Paris, TX 75462
For Sale
$599,000
Retail property on high-traffic highway, built in 2021.
Property Size2,000 SF
Lot Size3.65 Acres
Price / SF$299.50
Days on Market97
Property Features for 3258 E Us Highway 82
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Lot size
- 3.65 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2021
Listing Agency:
Century 21 Executive Realty
(903) 785-6427
Listed By:
Sherrie Holbert · License #0229909
(903) 517-1244
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 25 at 3:31PM
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 Executive Realty
Investment Insights
Based on property information with market context.
This retail property, constructed in 2021, is situated on Highway 82 East, between Reno and Blossom. The property occupies approximately 3.65 acres and benefits from its location on a high-traffic highway. The building provides 2000 square feet of space, with potential for expansion or outdoor seating. The property is suitable for various business ventures, including retail, service industries, a beauty shop, spa, day care facility, or restaurant. It features curb appeal and signage to enhance visibility. The location ensures a flow of potential customers while providing room for growth. The property is ready for immediate occupancy after closing.
Key Highlights
- High‑traffic highway location on Highway 82 East between Reno and Blossom
- Built in 2021, offering a modern building
- No city taxes
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 | $49.9k | $24.96 |
| − Vacancy | −$2.5k | −$1.25 |
| EGI | $47.4k | $23.71 |
| − OpEx | −$14.2k | −$7.11 |
| NOI | $33.2k | $16.60 |
2,000 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$474.2K
$415.0K – $553.3K
NOI $33,197 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.51M
$1.32M – $1.76M
NOI $105,450 @ 7.0% cap · market cap 17.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Retail property on high-traffic highway, built in 2021.
Where is this retail space located?
The property is located at 3258 E Us Highway 82 Paris, TX.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: High‑traffic highway location on Highway 82 East between Reno and Blossom; Built in 2021, offering a modern building; No city taxes
