519 Deshong Dr Paris, TX 75460
This exceptional 2-acre parcel of land presents a remarkable investment opportunity in Paris, Texas. Located directly adjacent to Paris Regional Hospital, this property offers unparalleled potential for development, particularly for medical office buildings or related healthcare services. The raw land is ready for immediate development, eliminating the need for extensive site preparation. Its strategic location ensures high visibility and convenient access for patients and staff. The property's zoning allows for both commercial and residential uses, providing flexibility for a variety of development plans. Given its proximity to the hospital, this land is ideally suited for projects that cater to the healthcare sector, such as medical offices, clinics, assisted living facilities, or related support businesses. The asking price of $200,000 represents a compelling value for a property with such significant development potential in a thriving Texas community. Lamar County's robust economy and growing population further enhance the long-term investment prospects of this exceptional land offering. The address is 519 Deshong Dr, Paris, TX 75460.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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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.