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    400 S Center St Bonham, TX 75418

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    For Sale
    $1,400,000

    11-acre corner tract with high visibility and development potential.

    Lot size:
    11.00 Acres

    Property Features for 400 S Center St

    General Information

    Lot size
    11.00 Acres

    Source: eXp Realty Agent Shaina Laub

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Corner Tract in Bonham

    This 11-acre corner tract is located at the intersection of Hwy 78 (N Center St) and FM 273 in Bonham. The property offers visibility with two access points, including frontage along Hwy 78 and direct access from FM 273. Situated next to Dollar General, the location benefits from consumer traffic. Part of the acreage is within Bonham city limits. The site is minutes from US Hwy 82 and State Hwy 121. It is located 20 minutes from the South Boat Ramp of the new Bois D'Arc Lake and approximately 3.5 miles from Lake Bonham Park. The property is positioned at one of Bonham's key intersections and is suitable for retail, commercial, hospitality, mixed-use, or residential development.
    Insight Report 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
    -96.1776749
    Latitude
    33.5772431

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    FAQs

    What type of property is this?
    Land - 11-acre corner tract with high visibility and development potential.
    Where is this land located?
    The property is located at 400 S Center St Bonham, TX.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Prime 11-acre corner lot at the intersection of Hwy 78 and FM 273 in Bonham, offering exceptional visibility and accessibility.; - Dual access points with frontage on Hwy 78 and direct access from FM 273, facilitating flexible development and traffic flow.; - Strategic location next to Dollar General, ensuring consistent exposure and customer traffic.
    (214) 449-7536
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    400 S Center 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
    400 S Center St Bonham, TX 75418
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