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    1604 Center St N Bonham, TX 75418

    For Sale
    $1,999,900

    Business - Bonham, TX

    Type:Business
    Lot size:
    12.95 Acres
    Days on Market:
    55
    Last Refresh:
    Dec 8 at 6:06 am

    Property Features for 1604 Center St N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    001
    Parking features
    Carport, Driveway
    Lot size
    12.95 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1935
    Flooring type
    Laminate, Tile, Tile - Ceramic
    Building materials
    Frame
    Roof type
    Metal
    Architectural style
    Other

    Paragon Realtors (903) 893-8174

    Listing agent Megan Towery (903) 893-8174 License #0645852

    Listing date Oct 15, 2025

    MLS# 21087481 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bonham Mixed-Use Development Opportunity

    This property presents an exceptional opportunity in Bonham, featuring a combination of a 1935 frame home with 3 bedrooms and 2 bathrooms, situated on 2.06 acres, along with a 2,400 sq ft metal shop and an adjoining 10.889-acre tract. The total acreage is 12.95 acres. The property is located in the heart of Bonham and offers potential for residential, commercial, or mixed-use development. The home site, currently residential, is located within a commercial zone, making it suitable for a business location, office conversion, or redevelopment. The additional acreage has frontage from both Hwy 78 and Island Bayou, with a 12-inch city water line along Island Bayou. The land is partially located in a floodplain, but its location and utilities make it suitable for development of new single-family homes or community space. The property is walkable to downtown, highly visible, and located in Bonham’s growth corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bonham
    County
    Fannin
    State
    Texas
    Longitude
    -96.17616257
    Latitude
    33.5890172

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    FAQs

    What type of property is this?
    Commercial land - Prime Bonham location suitable for residential, commercial, or mixed-use development.
    Where is this commercial land located?
    The property is located at 1604 Center St N Bonham, TX.
    What is the asking price?
    The asking price for this property is $1,999,900.
    What are key features of this property?
    This property features: - Prime location in Bonham's growth corridor, walkable to downtown and highly visible.; - Zoned commercial with potential for residential, commercial, or mixed-use development.; - Includes a charming 3-bed, 2-bath 1935 frame home on 2.06 acres plus an adjoining 10.889-acre tract.
    (903) 893-8174
    Request Owner's contact information
    1604 Center St N Bonham, TX 75418
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    Bonham, TX 75418
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    Realmo Value Estimation

    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.

    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.

    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
    1604 Center St N Bonham, TX 75418
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