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Property profile & analytics
OFF-MARKET
Office Spaces

6720 Lamar Ave Paris, TX 75462

Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 6720 Lamar in Reno, Texas (zip code 75462), is offered at $429,900. Easily accessible from Paris via Highway 82 East, this office warehouse boasts a highly desirable location across from Crazy House. The building features eight individual offices, perfect for a variety of business needs, along with two spacious conference rooms ideal for meetings and presentations. Two restrooms and two utility rooms provide ample convenience, complemented by a dedicated breakroom. A substantial warehouse space is included, offering significant storage or production capabilities. Recent upgrades include the replacement of both office air conditioning units, ensuring year-round comfort. The property also benefits from an existing security system and phone system, simplifying the transition for new owners. The insulated warehouse is equipped with two package air conditioning units and natural gas heating, providing efficient climate control. This move-in ready property presents a fantastic opportunity for businesses seeking a well-equipped and strategically located space. The property is situated on the south side of Highway 82, after the traffic signal in Reno.

Property profile
Verified
Property type Office Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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