2107 Hwy 19 & 24 St Paris, TX 75462
This exceptional 11.05-acre industrial property in Paris, Texas, presents a compelling investment opportunity. Located just south of Paris on Highway 19 & 24, the property boasts a substantial 4,480-square-foot commercial shop featuring two bays. The main building includes a spacious 40x80-foot covered awning, ideal for additional storage or future expansion. A generous gravel parking lot provides ample space, and multiple signage opportunities with lighting enhance visibility. An adjacent smaller building offers versatile use as an office or showroom. The property is fully fenced and gated, ensuring security. Conveniently located just outside city limits, it benefits from Coop electric and water services. The property also features a pond, adding to its appeal and potential for future development. The unrestricted nature of the land opens doors to a variety of uses, making it an attractive prospect for both immediate income generation through leasing and long-term appreciation through potential residential development. This turnkey operation is ready for immediate occupancy and offers significant upside potential.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.