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    Old Jefferson Rd Paris, TX 75460

    For Sale
    $114,500

    5 Acres, Mixed-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    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 Features for 0 Old Jefferson Rd

    General Information

    Property type
    Self storage facilities
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre commercial/residential development site in Lamar County, Texas.
    • Conveniently located off Loop 286 and Old Jefferson Rd, near Paris, TX.
    • Easy access to city utilities, shopping, and schools.
    • Less than 2 hours from DFW and under 1 hour from Texarkana.
    • Special use zoning, Class III soils, all mineral rights included.
    • $114,500 asking price; cash or conventional financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Paris
    County
    Lamar
    State
    Texas
    Longitude
    -95.509206645301
    Latitude
    33.631627196196

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    FAQs

    What type of property is this?
    Self storage facility - 5 Acres, Mixed-Use Potential
    Where is this self storage facility located?
    The property is located at Old Jefferson Rd Paris, TX.
    What is the asking price?
    The asking price for this property is $114,500.
    What are key features of this property?
    This property features: 5-acre commercial/residential development site in Lamar County, Texas.; Conveniently located off Loop 286 and Old Jefferson Rd, near Paris, TX.; Easy access to city utilities, shopping, and schools.
    Request Owner's contact information
    Old Jefferson Rd 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
    Old Jefferson Rd Paris, TX 75460
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