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    503 Lipscomb St Bonham, TX 75418

    For Sale
    $299,900

    Office - Bonham, TX

    Type:Office
    Lot size:
    0.15 Acres
    Days on Market:
    157
    Last Refresh:
    Dec 10 at 7:06 am

    Property Features for 503 Lipscomb St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    APN
    000000091745
    Parking features
    Parking Lot
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Electric

    Building Details

    Year built
    1995
    Flooring type
    Carpet, Laminate
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    Paragon Realtors (903) 893-8174

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

    Listing date Jul 7, 2025

    MLS# 20843141 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

    Commercial Space Near Medical Hub

    This commercial building is located directly across from TMC Bonham. The property is suited for medical, healthcare, or professional services. Existing wheelchair ramps and handicap accessibility are in place. The flexible layout allows for a variety of business uses. The location ensures convenience and a client base from the nearby healthcare community. The property is situated on a lot of 0.145 acres in Bonham, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bonham
    County
    Fannin
    State
    Texas
    Longitude
    -96.167738
    Latitude
    33.578125

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    FAQs

    What type of property is this?
    Medical office - Versatile commercial building ideal for healthcare or professional services.
    Where is this medical office located?
    The property is located at 503 Lipscomb St Bonham, TX.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Prime location directly across from TMC Bonham, offering a built-in client base from the medical community.; - Ideal for medical, healthcare, or professional services.; - Handicap accessible with existing wheelchair ramps.
    (903) 893-8174
    Request Owner's contact information
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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
    503 Lipscomb St Bonham, TX 75418
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