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    7Th St Paris, TX 75460

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail center, spaces available

    Lot size:
    33,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Paris Shopping Center, a thriving neighborhood center in Lamar County, Texas, presents a compelling retail investment opportunity. This 33,800 square foot property boasts a prime location in Paris, a regional hub known as the "center for Healthcare" for a large portion of Northeast Texas and Southeast Oklahoma. The city also benefits from the significant student population of Paris Junior College, with over 5,000 students enrolled. The center currently features two suites, with a substantial 7,416 square feet of vacant space available for lease. This presents a unique chance to establish or expand your business in a high-traffic area with a strong, diverse customer base. Individual spaces range from a minimum of 1,500 square feet to a maximum contiguous space of 5,916 square feet, offering flexibility for various retail concepts. The property's strategic location and the robust local economy make this an exceptional opportunity for businesses seeking high visibility and a strong return on investment. The existing infrastructure and established tenant base provide a solid foundation for future growth and success. Contact us today to learn more about this exceptional retail space and secure your place in this thriving community.

    Property Features for 0 7Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    33,800 SF

    Unit(s) available at that property

    Space
    650 Bonham St
    Size
    11,900 SF
    Space
    640 Bonham St
    Size
    5,916 SF
    Space
    70 7th St #160
    Size
    1,500 SF
    Space
    630 Bonham St
    Size
    15,506 SF

    HighLights

    • Retail property totaling 33,800 square feet.
    • Neighborhood center with multiple tenants.
    • Available space ranges from 1,500 to 5,916 contiguous square feet; 7,416 square feet currently vacant.
    • Located in Lamar County.
    • Two suites total.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Paris
    County
    Lamar
    State
    Texas
    Longitude
    -95.5993024
    Latitude
    33.6646252

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail center, spaces available
    Where is this retail property located?
    The property is located at 7Th St Paris, TX.
    What are key features of this property?
    This property features: Retail property totaling 33,800 square feet.; Neighborhood center with multiple tenants.; Available space ranges from 1,500 to 5,916 contiguous square feet; 7,416 square feet currently vacant.
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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
    7Th St Paris, TX 75460
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