Established Convenience
For Sale
$350,000
707 Graham Street, Paris, TX 75460
Established retail operation with beer and wine sales, ATM service, and U-Haul offerings.
Property Size1,500 SF
Price / SF$233.33
Days on Market48
Property Features for 707 Graham Street
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Commercial
Financials
Asking Price
$350,000
Business Included
Yes
Building Details
Year Built
1986
Listing Agency:
Realty of America, LLC
(512) 788-9495
Listed By:
Anu Tamang · License #768474
(682) 551-6550
Source:
Dallasandbeyond
Added: Sep 12
Changed: Oct 25
Last Checked: Oct 28 at 8:17AM
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 Realty of America, LLC
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Investment Insights
Based on property information with market context.
This 1,500-square-foot convenience store and commercial property includes an established retail operation with beer and wine sales, ATM service, and U-Haul offerings. The business and real estate are being presented together, with the property constructed in 1986.
Located in Paris, Texas, the site supports convenience retail use along with the stated service components. Additional revenue opportunities are identified in the property information, while financial information, licenses, permits, and other operational details require buyer and buyer’s agent verification.
Located in Paris, Texas, the site supports convenience retail use along with the stated service components. Additional revenue opportunities are identified in the property information, while financial information, licenses, permits, and other operational details require buyer and buyer’s agent verification.
Key Highlights
- 1,500 SF convenience store and commercial property
- Business and real estate offered together
- Beer and wine sales included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,676
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,520
$533.5K
Cap Rate 7%
$381,086
$381.1K
Cap Rate 9%
$296,400
$296.4K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$37.4K $24.96/SF
− Vacancy
−$1.9K −$1.25/SF
EGI
$35.6K $23.71/SF
− OpEx
−$8.9K −$5.93/SF
NOI
$26.7K $17.78/SF
Area
Lamar County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,520
Cap Rate 7%
$381,086
Cap Rate 9%
$296,400
Alternative Uses
Best Use
Specialty Retail
$381.1K
$333.5K – $444.6K
NOI $26,676 @ 7.0% cap · market cap 7.62%
Second Best
Retail
$355.7K
$311.2K – $415.0K
NOI $24,898 @ 7.0% cap · market cap 7.11%
Theoretical Best
Hotel Hospitality
$1.13M
$988.6K – $1.32M
NOI $79,088 @ 7.0% cap · market cap 22.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
662
Businesses Nearby
Under-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 Retail in South region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Established retail operation with beer and wine sales, ATM service, and U-Haul offerings.
Where is this grocery and convenience store located?
The property is located at 707 Graham Street 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: 1,500 SF convenience store and commercial property; Business and real estate offered together; Beer and wine sales included
