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Flex Warehouse with Office Suites

3790 Lamar Avenue Paris Paris, TX 75462

New
3790 Lamar Avenue Paris, Paris, TX, 75462
$3,650,000
For Sale
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$3,650,000

Warehouse with two updated office suites, ground and dock-height loading, plus an additional ramp entrance.

Property Size69,000 SF
Price / SF$52.90
AddedJul 13
Days on Market4
Last RefreshJul 13 at 8:02 pm

Property Features for 3790 Lamar Avenue Paris

General Information

Standard status
Active
Size
69,000 SF

Building Details

Year Built
9999

Listing office

Listing date Jul 13, 2026

Source Jparhouston

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 John Nesselhauf


Investment Insights

Based on property information with market context.

This 69,000 SF flex/warehouse property at 3790 Lamar Avenue in Paris, Texas includes two updated office suites with multiple offices, a conference room, reception area, kitchen and break room, and multiple bathrooms. The warehouse component is configured to support multi-tenant occupancy or a principal warehouse use, with both dock-height and ground loading. An additional ramp entrance provides further loading flexibility.

The site is described as being just off Loop 286 and the Highway 82 East travel corridor, with access to a four-lane traffic route and connectivity serving the NE Texas area, including service to DFW and SE Oklahoma. Nearby business include Walgreens, CVS, Walmart, Paris Town Center, Shops of Paris, and a new hotelier planned for 2027.

Recent improvements noted include re-skinning of siding, painting, installation of a fire compression system and sprinklers, and construction of a new concrete driveway and approach. An additional 8.1+ acres are available for yard space, add-ons, or other developments.

Key Highlights

  • 69,000 SF commercial building located just off Loop 286 and Highway 82 East travel corridor in Paris, TX
  • Includes 2 updated office suites with multiple offices, conference room, reception area, kitchen/break room, and multiple bathrooms
  • Warehouse space configured for multi‑tenant occupants or principal use with ground loading and dock‑height available

Local Financial Insights For Flex RnD

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 $554.8k $8.04
− Vacancy −$51.6k −$0.75
EGI $503.2k $7.29
− OpEx −$176.1k −$2.55
NOI $327.1k $4.74
69,000 SF · lease $8.04/SF/yr · vacancy 9.30% · expense 35.00%

Alternative Uses

Best Use
Office B
$17.03M
$14.90M – $19.87M (±1% cap)
NOI $1,192,320 @ 7.0% cap · market cap 32.67%
Second Best
Warehouse
$6.11M
$5.35M – $7.13M (±1% cap)
NOI $427,692 @ 7.0% cap · market cap 11.72%
Theoretical Best
Hotel Hospitality
$51.97M
$45.48M – $60.63M (±1% cap)
NOI $3,638,025 @ 7.0% cap · market cap 99.67%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Law Firm Big Box & Wholesale Store Building Supply HVAC Service Storage Facility Kitchen & Bath Showroom Auto Parts Store Garden Center Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • All Smoke, No Mirrors Barbecue — 4750 Pine Mill Rd, Paris, TX 75462

FAQs

What type of property is this?
Flex space - Warehouse with two updated office suites, ground and dock-height loading, plus an additional ramp entrance.
Where is this flex space located?
The property is located at 3790 Lamar Avenue Paris Paris, TX.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: 69,000 SF commercial building located just off Loop 286 and Highway 82 East travel corridor in Paris, TX; Includes 2 updated office suites with multiple offices, conference room, reception area, kitchen/break room, and multiple bathrooms; Warehouse space configured for multi‑tenant occupants or principal use with ground loading and dock‑height available
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