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    Nwq - Preston Rd Reno, TX 75462

    For Sale
    Contact for pricing

    Two-acre commercial lot, utilities available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2-acre commercial land parcel presents a remarkable opportunity for development in Paris, Texas. Located on NWQ - Preston Rd, in Lamar County, this property boasts a highly desirable C-2 Commercial zoning designation, opening doors to a wide array of commercial ventures. The expansive lot size provides ample space for various projects, from retail establishments and restaurants to office buildings and light industrial facilities. Conveniently situated in the vibrant city of Paris, this location offers excellent accessibility and visibility, ensuring high traffic flow and potential for significant return on investment. The property's existing infrastructure includes readily available utilities, simplifying the development process and reducing upfront costs. With its strategic location, flexible zoning, and readily available utilities, this land parcel represents an unparalleled investment opportunity in a thriving Texas market. The property is situated at the address NWQ - Preston Rd, Paris, TX 75462, with GPS coordinates 33.6616319 latitude and -95.4705455 longitude. This is a rare chance to acquire a substantial commercial property in a rapidly growing area.

    Property Features for 0 Nwq - Preston Rd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • ± 2‑acre commercial lot in Paris, TX.
    • Utilities available on‑site.
    • C‑2 Commercial zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Reno
    County
    Lamar
    State
    Texas
    Longitude
    -95.4705455
    Latitude
    33.6616319

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    FAQs

    What type of property is this?
    Land - Two-acre commercial lot, utilities available.
    Where is this land located?
    The property is located at Nwq - Preston Rd Reno, TX.
    What are key features of this property?
    This property features: ± 2-acre commercial lot in Paris, TX.; Utilities available on-site.; C-2 Commercial zoning.
    (214) 526-3626
    Request Owner's contact information
    Nwq - Preston Rd Reno, TX 75462
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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
    Nwq - Preston Rd Reno, TX 75462
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