504-522 Jasper St, Paris, IL 61944
This exceptional commercial property, the Paris Shopping Center, presents a rare opportunity for businesses seeking flexible and strategically located space in Edgar County, Illinois. The 94,050 square foot center, built in 1979 and zoned C-2, sits on an expansive 11.5-acre lot (APN: 09-18-12-200-019). Currently, there are 32,320 square feet of vacant space available, divisible into units ranging from a minimum of 7,918 square feet to a maximum contiguous space of 24,402 square feet. Two notable spaces are available: a former grocery store (24,402 sq ft) featuring two dock doors, and a former office space (7,918 sq ft). The property's convenient location at 504-522 E Jasper St, Paris, IL 61944, places it just west of a Walmart Supercenter, offering excellent visibility and accessibility. Its proximity to Interstate 70 (20 minutes) and Terre Haute, Indiana (30 minutes) further enhances its strategic appeal. The center boasts a strong tenant mix, including RP Lumber, Anytime Fitness, Los Tres Caminos, and New China Buffet, creating a vibrant and established commercial environment. This Class C property offers a compelling investment opportunity for businesses seeking high-traffic exposure and a well-established location within a thriving community. The property's size and layout provide significant flexibility for a variety of retail and office uses.
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
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.