Technical
Financial
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Property profile

2107 Hwy 19 & 24 St Paris, TX 75462

OFF-MARKET
Warehouses
4,480 SF 11.05 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Total area 4,480 SF
Lot 11.05 ac (481,512 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2107 Hwy 19 & 24 St Paris, TX 75462
Paris metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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