2282 Hwy Paris, TX 75460
- Commercial real estate
- 1,176 SF
- 2.40 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2282 Hwy
- Lot size
- 2.40 lot acres
- Property size
- 1,176 SF
- Property type
- Commercial real estate
Description
This exceptional 2.4-acre commercial property in Paris, Texas, presents a unique investment opportunity. Located on Highway 271 North, a major travel artery, this property boasts high visibility and significant traffic flow. The site includes a 1,176 square foot, two-bay shop with an attached one-bedroom, one-bathroom apartment, ideal for owner-occupancy or rental income. Adding to its versatility, the property also features a stocked pond complete with a pier and fire pit, enhancing its appeal and potential uses. Two additional single-family dwellings, previously used as rentals, offer further income potential or the possibility of expansion. Situated within the city limits of Paris, the property benefits from convenient access to city utilities, including water, electricity, and septic. The strategic location provides both four-lane state highway frontage and county road frontage along the rear, maximizing accessibility and exposure. A circular gravel driveway ensures easy maneuverability, and an existing billboard generates additional lease income. This property's diverse features and prime location offer endless possibilities for a variety of commercial ventures, making it an attractive investment with substantial upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Paris
- County
- Lamar
- State
- Texas
- Longitude
- -77.9517
- Latitude
- 39.0047