Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Loop 286 Paris, TX 75460
    Back to Search
    Property profile & analytics

    Loop 286, Paris, TX 75460

    View on Map
    • Industrial properties
    • 80,610 SF
    • 19.39 lot acres
    Off-Market
    Last Sale Feb 19, 2020
    Property ID
    US82-7569444
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,045,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for Loop 286

    Year built
    1962
    Lot size
    19.39 lot acres
    Property type
    Industrial properties
    APN
    18923
    APU
    18923

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 19, 2020 — American Spiralweld Pipe Company II Paris Economic Development Corporat Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $745,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,340,000
      Market price range: $1.34M - $3.47M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Lamar
    State
    Texas
    Longitude
    -95.5849
    Latitude
    33.6781
    CBSA code
    37580
    CBSA name
    PARIS, TX MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $7,821
    $351,380
    $0.00
    $351,380
    -
    $351,380
    $0.00
    $351,380

    Comparable in this City

    • Value Estimation by Request
      5.00 Acres

      Old Jefferson Rd

      Self storage facilities
      0 Old Jefferson Rd, Paris, TX 75460
      View Details
    • Value Estimation by Request

      Paris, TX 75460

      INDUSTRIAL (GENERAL)
      Paris, TX 75460
      View Details
    • Value Estimation by Request

      Paris, TX 75460

      INDUSTRIAL (GENERAL)
      Paris, TX 75460
      View Details
    • Value Estimation by Request

      1975 Adams Rd

      INDUSTRIAL (GENERAL)
      1975 Adams Rd, Paris, TX 75460-2300
      View Details
    • Value Estimation by Request

      1200 19th SW St

      INDUSTRIAL (GENERAL)
      1200 19th SW St, Paris, TX 75460
      View Details
    • Value Estimation by Request

      Loop 286

      INDUSTRIAL (GENERAL)
      Loop 286, Paris, TX 75460
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime Commercial/Industrial Land Opportunity

      High-traffic location ideal for commercial or industrial ventures.
      2025 19Th St NW, Paris, TX 75460
      View Details
    • $495,000
      4,000 SF

      235 Clement Rd, Paris, TX 75460

      Industrial properties
      235 Clement Rd, Paris, TX 75460
      View Details
    • Contact for pricing
      1,718 SF

      Paris Commercial Property on FM 79

      4-acre commercial property with warehouse and office space for sale.
      2925 Farm Road 79, Paris, TX 75460
      View Details
    • $1,406,496
      40.77 Acres

      Highway 82 Development Opportunity

      40.77 acres on Highway 82 E in Paris, TX.
      3052 Us Highway 82 E, Paris, TX 75460
      View Details
    • $875,000
      15,040 SF

      Light Industrial and Office Campus

      Multi-building industrial campus with office space, clear-span covered storage, and crane-equipped shop on acreage.
      2620 Farm Road 79, Paris, TX 75460
      View Details
    • Contact for pricing
      1,718 SF

      Warehouse with Office on FM 79

      4-acre commercial property with warehouse and office space for sale.
      2925 Farm Road 79, Paris, TX 75460
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Functional Warehouse Space in Paris

      Versatile 27,500 SF warehouse with highway access in Paris, TX.
      1400 4Th St Southwest, Paris, TX 75460
      View Details
    • Contact for pricing

      New Construction Retail Space Available

      New construction retail and restaurant spaces with drive-thru.
      2500 Lamar Ave, Paris, TX 75460
      View Details
    • Contact for pricing

      Restaurant with Drive-Thru Opportunity

      Freestanding restaurant with drive-thru, near Paris Town Center.
      3415 Lamar Ave, Paris, TX 75460
      View Details
    • Contact for pricing
      11,900 SF

      Retail Space in Paris, Texas

      Retail space available in Paris, Texas near major retailers.
      650 Bonham St, Paris, TX 75460
      View Details
    • Contact for pricing
      2,000 SF

      Paris Office Space For Rent

      Well-located commercial office space off Loop 286 in Paris.
      870 Loop 286 NE, Paris, TX 75460
      View Details
    • Contact for pricing
      33,958 SF

      Retail Spaces in Williamsburg Center

      Multiple retail spaces available in established shopping center.
      1455 Clarksville St, Paris, TX 75460
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Loop 286
    Paris, TX 75460
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Loop 286, Paris, TX, 75460
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!