Fenced Commercial Flex
4037 N Main St Paris, TX 75460
For Sale
$350,000
Includes retail frontage with covered patio, an insulated shop, and a warehouse with roll-up doors on a fully fenced site.
Property Size3,350 SF
Price / SF$104.48
Days on Market176
Property Features for 4037 N Main St
General Information
Standard status
Active
Size
3,350 SF
Listing Agency:
Independent Realty
(214) 551-6282
Listed By:
Naor Biringer · License #0795192
(214) 551-6282
Source:
Exprealty
Added: Feb 3
Changed: Jul 27
Last Checked: Jul 27 at 8:52AM
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 Independent Realty
Investment Insights
Based on property information with market context.
This high-visibility commercial property includes approximately 1,500 SF of retail frontage with a covered patio, along with an adjacent 650 SF insulated shop. The site also features a 1,200 SF warehouse with tall ceilings and roll-up doors, supporting flexible storage and operational use. The property is fully fenced and includes a newly installed aerobic septic system.
The location is described as being along a well-traveled roadway with over 24,000 average daily traffic. The red barn at the rear of the property is not included in the total square footage and is excluded from the offering. The nearby storage facility is also not included in the sale.
Prospective buyers should verify zoning, permitted uses, and all property details, as requested in the public remarks.
The location is described as being along a well-traveled roadway with over 24,000 average daily traffic. The red barn at the rear of the property is not included in the total square footage and is excluded from the offering. The nearby storage facility is also not included in the sale.
Prospective buyers should verify zoning, permitted uses, and all property details, as requested in the public remarks.
Key Highlights
- Over 24,000 average daily traffic along a well‑traveled roadway and positioned for customer‑facing exposure
- Approximately 1,500 SF retail frontage with a covered patio on a fully fenced property
- Adjacent 650 SF insulated shop for additional workspace, storage, or operations
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 | $26.9k | $8.04 |
| − Vacancy | −$2.5k | −$0.75 |
| EGI | $24.4k | $7.29 |
| − OpEx | −$3.7k | −$1.09 |
| NOI | $20.8k | $6.20 |
3,350 SF · lease $8.04/SF/yr · vacancy 9.30% · expense 15.00%
Alternative Uses
Best Use
Retail
$794.4K
$695.1K – $926.8K
NOI $55,605 @ 7.0% cap · market cap 15.89%
Second Best
Warehouse
$296.6K
$259.6K – $346.1K
NOI $20,765 @ 7.0% cap · market cap 5.93%
Theoretical Best
Hotel Hospitality
$2.52M
$2.21M – $2.94M
NOI $176,629 @ 7.0% cap · market cap 50.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Includes retail frontage with covered patio, an insulated shop, and a warehouse with roll-up doors on a fully fenced site.
Where is this flex space located?
The property is located at 4037 N Main St Paris, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Over 24,000 average daily traffic along a well‑traveled roadway and positioned for customer‑facing exposure; Approximately 1,500 SF retail frontage with a covered patio on a fully fenced property; Adjacent 650 SF insulated shop for additional workspace, storage, or operations
