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Paris, PA High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Paris, Pennsylvania Market population: 25K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF

πŸ“Š Avg Property Tax Rate For Paris TX Properties: 1.5400%

πŸ“Š Average Income For Paris TX Commercial Property: $31,689

Investor Questions For Paris TX

Common questions from investors exploring commercial real estate in Paris TX.

What is the overall investment potential of Paris, TX, considering its demographic and economic factors? +
The city's median household income of $31,689, combined with a poverty rate of 24.7% and an average commute time of 15.9 minutes, suggests a relatively stable market with opportunities for growth, particularly in the wholesale trade and transportation industries, which are among the top industries in the area.
How does the ethnic diversity and foreign-born population impact the real estate market in Paris, TX? +
The top ethnicities, including White, White Non-Hispanic, and Black, contribute to a diverse population, while the foreign-born rate of 4.8% is relatively low, indicating a strong sense of community and potential for long-term rentals, especially with a health insurance coverage rate of 80.5% and a median property value of $75,400.
What are the key factors influencing the quality of life for residents and potential tenants in Paris, TX? +
The average commute time of 15.9 minutes, top commute methods including driving alone and carpooling, and a health insurance coverage rate of 80.5% all contribute to a relatively high quality of life, making the area attractive to potential tenants, particularly those employed in the top industries of wholesale trade, transportation, and finance.
How do the poverty rate and income inequality impact the rental market and tenant quality in Paris, TX? +
The poverty rate of 24.7% and a GINI coefficient of 0.475 indicate some income inequality, but the employed population of 10,354 and median household income of $31,689 suggest a working-class market with employment stability, and the health insurance coverage rate of 80.5% further supports the potential for reliable tenants.
What role do the top industries and commute methods play in shaping the real estate investment landscape in Paris, TX? +
The top industries, including wholesale trade, transportation, and finance, drive the local economy and influence the demand for housing, while the commute methods, such as driving alone and carpooling, indicate a need for convenient and accessible housing options, and the average commute time of 15.9 minutes suggests a relatively compact and connected city, making it an attractive location for real estate investment.

Paris TX Real Estate & City Facts

Key facts and real estate information about Paris TX.

What are some of the best neighborhoods to live in Paris? +
Some of the best neighborhoods to live in Paris, TX include Biardstown, which is a quiet and friendly neighborhood with a peaceful atmosphere and a close-knit community. Other neighborhoods to consider are the areas around the historic downtown plaza and the Eiffel Tower.
What are some fun things to do in Paris? +
There are plenty of fun things to do in Paris, TX, including visiting the local Eiffel Tower, exploring the historic downtown plaza, and checking out the Red River Valley Veterans Memorial. You can also visit the Paris Town Square, Evergreen Cemetery, and Sam Bell Maxey House. For outdoor activities, you can head to the Trail de Paris or visit the Lake Crook Park.
What is the food scene like in Paris? +
The food scene in Paris, TX is diverse and offers a range of options, including restaurants like 107, Burgerland, Road House Family Diner, and Jaxx Gourmet Burgers. There are also plenty of great food trucks and cafes to grab a bite to eat. For a taste of international cuisine, you can try Paris House Asian Restaurant, Magel's Grill, or Capizzi's Italian Kitchen.
What are the pros and cons of living in Paris? +
The pros of living in Paris, TX include its small-town charm, historic downtown area, and outdoor recreational opportunities. However, some cons to consider are the limited job opportunities and lower median household income compared to other cities in the state. Additionally, the city has a higher poverty rate and lower education levels, which can be a challenge for some residents.
Is Paris a good place to live? +
Paris, TX can be a good place to live for those who value a small-town atmosphere and outdoor recreational opportunities. While it has its challenges, the city has a lot to offer, including a rich history, cultural events, and a strong sense of community. Ultimately, whether Paris is a good place to live depends on your individual priorities and preferences.
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