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    223 W 2Nd St Bonham, TX 75418

    For Sale
    $210,000

    Business - Bonham, TX

    Type:Business
    Lot size:
    0.57 Acres
    Days on Market:
    78
    Last Refresh:
    Dec 8 at 2:06 am

    Property Features for 223 W 2Nd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    000000083573
    Lot size
    0.57 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1985
    Flooring type
    Concrete
    Building materials
    Stone
    Roof type
    Composition, Metal
    Architectural style
    Other

    Weichert, Realtors - Solid Ground (903) 583-4900 [email protected]

    Listing agent DONNA WOODRUFF (903) 583-4900 License #0483138

    Listing date Sep 22, 2025

    MLS# 20935544 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, TX Commercial Space

    This commercial space, currently a working machine shop, features an office and restroom within an air-conditioned building. A separate concrete and metal shop-warehouse is also present, though it is not air-conditioned. The property is located in Bonham, TX. The owners are changing careers, presenting an opportunity for a new owner to establish their business. The property is suitable for various commercial uses. The owners are in the process of moving out their equipment. The lot size is 0.57 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Allen Machine & Tool Machine Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bonham
    County
    Fannin
    State
    Texas
    Longitude
    -96.1814
    Latitude
    33.574752

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    FAQs

    What type of property is this?
    Industrial property - Commercial space suitable for various business ventures in Bonham, TX.
    Where is this industrial property located?
    The property is located at 223 W 2Nd St Bonham, TX.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: - Commercial building suitable for various business ventures; - Includes an air-conditioned office and restroom; - Features a separate concrete and metal shop-warehouse
    (903) 583-4900
    Request Owner's contact information
    223 W 2Nd St 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
    223 W 2Nd St Bonham, TX 75418
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