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NTREISListing courtesy of United Country Altaterra Realt. Information provided by NTREIS

Active

$1,100,000

  • 37.49 acre lot

SW Side Loop 286

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Listing data updated

About this home

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…

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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.

Lot size
37.49 acres
Property type
UnimprovedLand
Status
Active
MLS number
21142586

Listing courtesy of United Country Altaterra Realt

Listing agent James Ross IV

Office phone 903-438-2585

Estimated monthly cost

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Location

Facts and features

Lot

Lot size
37.49 acres

Building

Property type
UnimprovedLand

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Listing courtesy of United Country Altaterra Realt. Information provided by NTREIS

Information is deemed reliable but not guaranteed.

Listing data updated