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Two-Building Industrial Property

223 W 2nd Street, Bonham, TX 75418

For Sale
$190,000

CommercialSale, Bonham, TX

Property Size3,744 SF
Lot Size0.57 Acres
Price / SF$50.75
Days on Market30

Property Features for 223 W 2nd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking features Driveway
Directions Head south toward downtown. Turn right onto W Sam Rayburn Dr (Hwy 56). Turn left onto Star St. Continue to W 2nd St-223 W 2nd St is the shop at the corner of 2nd and Star.
Standard status Active
APN 000000083573
Size 3,744 SF
Lot size 0.57 Acres

Taxes and HOA fees

Tax Description A1018 J P SIMPSON, ACRES .5705
Tax Annual Amount 3680
Legal Description A1018 J P SIMPSON, ACRES .5705

Utilities

Sewer type Public Sewer
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1985
Floors in Building 1
Number of units 2
Flooring type Concrete
Building materials AluminumSiding, Concrete
Roof type Metal, Shingle
Buildings 2
Listing Agency: Hygge Homes and Land
Listed By: Jacey Shrum
Added: Oct 16 Changed: Nov 10 Last Checked: Nov 14 at 8:06PM
MLS# 21411931

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

The industrial property comprises two buildings totaling 3,744 square feet on 0.57 acres. The front building measures 30 by 40 feet and has 12-foot ceilings, a 12-foot-wide by 10-foot-tall overhead door, central heating and air, and one bathroom. Its 12-inch concrete floor, haydite block walls, compressed-air plumbing, and two hoist locations add to its shop features.

The rear building measures 40 by 60 feet, with 12-foot ceilings, a red iron frame, a concrete slab, and two overhead doors, each 12 feet wide by 12 feet tall. It also includes pallet racks with capacity for 24 pallets, two heated and cooled office areas, a restroom, utility sink, shower, and washer and dryer connections. Both buildings have separate electric meters; the property has one water meter. Three-phase electric service with 240- and 208-volt availability is present in each building.

Key Highlights

  • Two buildings totaling 3,744 square feet on 0.57 acres
  • Front building: 30 x 40 feet, 12‑foot ceiling, one 12 x 10‑foot overhead door
  • Rear building: 40 x 60 feet, 12‑foot ceiling, two 12 x 12‑foot overhead doors

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Allen Machine & Tool Industrial Manufacturer

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Garden Center Hair Salon Storage Facility Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12 ft
Clear height
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

442
Businesses Nearby
Balanced
Demand for This Use

Demographics for 75418, TX

14,775
Population
5,704
Households
2.6
Avg Household Size
41
Median Age
19%
College-Educated
86%
High-School Grad
140.8 sq mi
ZIP Area
105
Density / Sq Mi
$61,265
Median Household Income
$37,944
Median Earnings
$1,040
Median Rent
$207,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Warehouses in Fannin County, TX

$179 Jul
$171 Aug
$166 Sep
$144 Oct

Properties on Market for Warehouses in Fannin County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • AAA Mini Storage — 1401 W Sam Rayburn Dr, Bonham, TX 75418
  • Bright Start Storage — 400 Katy Blvd, Bonham, TX 75418

Frequently Asked Questions

What type of property is this?
Warehouse - Separate electrical meters and available three-phase power support the property's two-building configuration.
Where is this warehouse located?
The property is located at 223 W 2nd Street Bonham, TX.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Two buildings totaling 3,744 square feet on 0.57 acres; Front building: 30 x 40 feet, 12‑foot ceiling, one 12 x 10‑foot overhead door; Rear building: 40 x 60 feet, 12‑foot ceiling, two 12 x 12‑foot overhead doors
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