0 Old Jefferson Rd Paris, TX 75460
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.