1905 E Price St
Paris, TX 75460
$895,000
Formerly a daycare, this versatile 11,000+ SF commercial property sits on 1+ acre with dual road frontage in a Texas Opportunity Zone.
About this property
A versatile commercial property with endless end-use potential.
Formerly a daycare, built for flexibility.
This 11,000+ SF commercial property sits on over one acre of land with dual road frontage in a Multi-Family Dwelling District in Paris, Texas. The functional layout includes 12 private rooms with full baths, office areas, a commercial kitchen, laundry facilities, and multiple flex spaces, creating endless end-use potential.
The property is ideally suited for multi-family conversion, co-working spaces, flex office suites, medical or wellness facilities, senior-focused services, hospitality group lodging, or community training space. Centrally located near downtown Paris, shopping, and medical centers, it supports strong lease demand and long-term value.
Current income supports an estimated 10% cap rate with upside potential, and the property is located in a Texas Opportunity Zone, offering potential tax incentives for qualified investors.
Property photographs
A walk-through of the space.
Walk the property
Tour
Key property details.
A cinematic aerial tour of this 11,000+ SF commercial property on over one acre in Paris, Texas.
List Price
$895,000
Building Size
11,000+ SF
Lot Size
1+ Acre
Rooms
12 Private
Bathrooms
13 Total
Cap Rate
Est. 10%
Zoning
Multi-Family
This marketing video uses CGI for visual effects and composition; verify property details independently.
Aerial walkthrough of the property, grounds, and surrounding area.
Additional property walkthrough — watch on YouTube.
Investment Highlights
Why this property stands out.
Strong Cap Rate
Current income supports an estimated 10% cap rate with significant upside potential as the property reaches its highest and best use.
Opportunity Zone
Located in a Texas Opportunity Zone, offering potential tax incentives for investors who hold the property long-term and reinvest capital gains.
Dual Road Frontage
Situated on over one acre with dual road frontage in a Multi-Family Dwelling District, providing excellent visibility and multiple access points for tenants or residents.
The area around it
A snapshot of Paris, Texas, the county seat of Lamar County with a historic downtown and growing commercial corridor.
Centrally located near downtown Paris, shopping, and medical centers.
Positioned with dual road frontage in a Multi-Family Dwelling District, this property enjoys strong visibility and accessibility. The surrounding neighborhood offers a mix of residential, commercial, and retail, supporting strong lease demand and long-term value. Paris is the county seat of Lamar County, home to about 25,000 residents, with a historic downtown featuring unique post-1916 architecture and the famous 65-foot Eiffel Tower replica.
Explore the neighborhoodWhere it lives
1905 E Price St, Paris, TX 75460
Why list with us
The SMiles Experience, from first call to closing.
We combine local authority, strategic marketing, and a protective, white-glove approach to guide Northeast Texas sellers through every step.
Local Northeast Texas Authority
Deep roots across 8+ counties — Paris, Sherman, Bonham, Greenville, and beyond. We know the corridors, the zoning, the buyers, and the market dynamics that drive real value.
New Construction & Land Specialists
Founding members of the eXp Land and Ranch division. Whether it is acreage, a new build, or a master-planned development, we bring deal-specific clarity to every listing.
Strategic Marketing, Real Reach
Corporate marketing strategy meets small-town trust. Professional photography, cinematic video, targeted digital campaigns, and MLS exposure across NTREIS.
Protected at Every Step
GRI and CLHMS designations, broker-license track, and a steady communication rhythm. We protect your investment with experience, not generic promises.
Ready to explore this opportunity?
Schedule a private tour with the Shannon Miles Group. We will walk the property, review the numbers, and discuss how this space fits your investment strategy.
Request a Tour