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Property profile & analytics
OFF-MARKET
Commercial real estate

1116 Lamar Ave Paris, TX 75460

2,714 SF
Property ID
US82-6310727
Property summary
AI-generated overview

This beautifully maintained 1917 historical home and office space, located at 1116 Lamar Ave in Paris, Texas, presents a unique investment opportunity. Boasting 2,714 square feet on a spacious lot, this property offers a blend of residential and commercial potential. The Greek Revival architecture is highlighted by high ceilings, spacious rooms, and an original grand staircase. Original hardwood floors and lovingly restored bathrooms add to its charm. Its prime location near downtown Paris ensures high visibility on a main thoroughfare, with additional parking available at an adjoining property. The property includes kitchen areas on both levels, enhancing its versatility for various uses. A sizable backyard features outbuildings and a double gate for convenient access. The asking price is $295,000. This property is zoned for commercial use and offers a rare opportunity to own a piece of Paris's rich history while capitalizing on its commercial potential. The property is located in Lamar County, Texas, zip code 75460.

Property profile
Verified
Property type Commercial real estate
Total area 2,714 SF
UPID US82-6310727
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
Current use
Occupant on record · Public records
  • Caffey Architecture of Paris, TX Architecture Firm
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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