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0 Old Jefferson Rd Paris, TX 75460

OFF-MARKET Office Spaces Google Maps
5 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 5-acre property in Lamar County, Texas, presents a unique opportunity for commercial or residential development. Located just southeast of Paris, off Loop 286 and Old Jefferson Rd, this recently cleared land boasts convenient access to city utilities, shopping, entertainment, Paris High School, and Quality ER. Its strategic location offers easy access to the DFW area (under 2 hours) and Texarkana (under 1 hour), making it an attractive investment for various projects. The property is zoned for special use and features Class III soils, a mix of clay and loam. All mineral rights are included in the sale. The asking price is $114,500. The parcel's APN is 21143 and is situated in the heart of Northeast Texas, offering endless possibilities for developers seeking a versatile and well-located site. This is a cash or conventional financing opportunity.

Property profile

Verified
Property type Office Spaces
Lot 5 ac (217,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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