Listing provided courtesy of United Country Altaterra Realt- MLS# 21142586MLS ProviderContact Information: James Ross IV

SW Side Loop 286Paris, TX 75460

Vacant Land · 37.49 Acres
$1,100,000 Active

SW Side Loop 286 Overview

Visits:
3

Located in the heart of Paris, Texas, this 37-acre development property offers incredible potential for commercial development. Situated right off Loop 286, this land provides easy access to major roadways, existing infrastructure, and the opportunity for rezoning to suit a wide range of commercial uses. This makes it an ideal investment for developers and businesses looking to capitalize on Paris’ growth. With existing 8-inch water and sewer main lines already in place, this opportunity ensures a reliable supply of essential services for future development. Additionally, the property is located within an Opportunity Zone, offering significant tax incentives to investors. This unique designation allows developers to take advantage of federal tax breaks, including tax deferrals and potential tax exclusions on capital gains from new investments. Paris is experiencing rapid growth in its community, largely due to its strategic location, just a short drive from the Dallas-Fort Worth Metroplex (DFW). The property’s proximity to DFW offers outstanding connectivity to major highways and transportation routes, making it a prime location for commercial enterprises, distribution centers, and retail developments. The Paris Economic Development Corporation (PEDC) is committed to supporting new businesses and developers through incentives and resources. This makes the property even more appealing, as the city offers a supportive environment for growth. This 37-acre commercial development property in Paris, Texas offers a rare opportunity for developers to capitalize on the region’s growth. The ability to rezone and take advantage of Opportunity Zone incentives makes it an ideal investment for those seeking to maximize returns in a growing market. Don't miss out on this exceptional chance to build in one of Northeast Texas' most promising areas.

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SW Side Loop 286 Facts & Features

  • Type Vacant Land
  • Lot 37.49 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Paris ISD
  • Elementary School: Justiss
  • High School: Paris

Business Information

  • Current Use: Development,Investment

Location/Region

  • Country: US
  • County Or Parish: Lamar
  • Postal City: PARIS
  • Subdivision Name: City Of Paris

Community/Development

  • Development Status: Zoned

Tax Information

  • Tax Annual Amount: 2620.0

General Information

  • Parcel Number: 18866
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Acreage,City Lot
  • Lot Size Acres: 37.49
  • Lot Size Area: 37.49
  • Lot Size Square Feet: 1633064.4
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront: No

General Information

  • Road Frontage Type: City Street,State Road
  • Utilities: Other

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

SW Side Loop 286 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

SW Side Loop 286 Market Data

Based on the last 30 days in this zip code

$234,898
Average List Price
$118
Average Price per Square Foot
20
Properties Sold
114
Average Days on Market
155
Properties for Sale
Calculations provided by Reliance Network


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