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    1167 Lamar Ave Paris, TX 75460

    For Sale
    $549,900

    Turnkey Restaurant, High Traffic Area

    Property size:
    4,804 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This vacant, 4,804 sq ft restaurant in Paris, TX, is available for $549,900 ($114.47/sq ft). Located at 1167 Lamar Ave, this single-story, 1975-built building sits on a 35,208 sq ft lot and was renovated in 2020. The property is zoned commercial and features a fully equipped commercial kitchen, prep area, walk-in freezer, bar and lounge, and a manager's office. Its convenient location off Business Highway 82 offers excellent visibility and accessibility, with ample parking and significant street frontage. Ideal for owner-users seeking a turnkey operation or investors looking for a strong return, this property presents a rare opportunity in a thriving Texas market. The single unit building offers versatility for various business needs. This is a chance to establish or relocate your business in a high-traffic area with significant potential for growth. The property's recent renovation ensures a move-in ready condition, minimizing upfront investment and maximizing immediate operational efficiency. Don't miss this chance to acquire a well-positioned commercial property in a desirable location.

    Property Features for 1167 Lamar Ave

    General Information

    Property type
    Restaurants
    Square Feet
    4,804 SF

    Building Details

    Year Built/Renovated
    1975/2020
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $549,900 asking price for this vacant restaurant property.
    • 4,804 square feet on a 35,208 square foot lot, priced at $114.47 per square foot.
    • Located at 1167 Lamar Ave, Paris, TX 75460, offering excellent visibility and accessibility off Business Highway 82.
    • Features a fully equipped commercial kitchen, prep area, walk‑in freezer, bar, lounge, and manager's office.
    • Single‑story, 1975‑built building renovated in 2020, zoned commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Lamar
    State
    Texas
    Longitude
    -95.5437438
    Latitude
    33.6615377

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant, High Traffic Area
    Where is this restaurant located?
    The property is located at 1167 Lamar Ave Paris, TX.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: $549,900 asking price for this vacant restaurant property.; 4,804 square feet on a 35,208 square foot lot, priced at $114.47 per square foot.; Located at 1167 Lamar Ave, Paris, TX 75460, offering excellent visibility and accessibility off Business Highway 82.
    Request Owner's contact information
    1167 Lamar Ave Paris, TX 75460
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    Paris, TX 75460
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1167 Lamar Ave Paris, TX 75460
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