2107 Hwy 19 & 24 St Paris, TX 75462
This exceptional 11.054-acre property in Paris, Texas, presents a compelling investment opportunity. The site features a 4,480-square-foot commercial shop with two bays, strategically located just south of Paris on Highway 19 and 24. The shop includes a 40x80-foot covered awning, ideal for additional storage or expansion. A substantial gravel parking lot provides ample space, and multiple signage opportunities with lighting enhance visibility. An adjacent smaller building serves as an office or showroom. The property boasts a gated entry, perimeter fencing, and convenient access to Coop electric and water services, all while being located just outside city limits. A pond on the property adds to its appeal. The unrestricted land offers significant potential for future development, making this an attractive buy-and-lease or hold-for-development investment. The asking price is $589,000, translating to $131.47 per square foot.
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.