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    00 Hwy Bonham, TX 75418

    For Sale
    $1,690,000

    Prime 13-acre commercial tract, high traffic.

    Property size:
    572,378 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 13.14-acre commercial property presents a remarkable development opportunity in Bonham, Texas. Located at the strategic intersection of Highway 82 and Highway 78, this site boasts unparalleled visibility and accessibility. The property's substantial size, 572,378 square feet, offers ample space for a diverse range of commercial ventures. Its current zoning is Agricultural, presenting potential for various development scenarios. The high traffic counts on both highways are significant advantages. Texas Department of Transportation data from 2021 indicates a daily traffic volume of 7,500-8,500 vehicles on Highway 82 and 6,000 vehicles on Highway 78, ensuring substantial exposure for any development. The asking price for this exceptional property is $1,690,000. This location in Fannin County, with a Bonham, TX 75418 zip code, offers a unique blend of high traffic volume and growth potential, making it an ideal investment for discerning developers seeking a prime location in a thriving Texas market. The property's size and location make it suitable for a variety of commercial uses, from retail and restaurants to light industrial and office spaces. This is a rare opportunity to acquire a significant tract of land in a high-traffic area with considerable future development potential.

    Property Features for 00 Hwy

    General Information

    Property type
    Specialty properties
    Square Feet
    572,378 SF
    Lot Size
    572,378 SF

    HighLights

    • 13.14‑acre commercial land in Bonham, TX, at the intersection of Highways 82 & 78.
    • 572,378 square feet with high visibility and accessibility.
    • Currently zoned Agricultural, offering diverse development potential.
    • High traffic counts: 7,500‑8,500 vehicles daily on Hwy 82, 6,000 on Hwy 78 (2021 TxDOT data).
    • Asking price: $1,690,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bonham
    County
    Fannin
    State
    Texas
    Longitude
    -96.1739116
    Latitude
    33.5310615

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    FAQs

    What type of property is this?
    Specialty property - Prime 13-acre commercial tract, high traffic.
    Where is this specialty property located?
    The property is located at 00 Hwy Bonham, TX.
    What is the asking price?
    The asking price for this property is $1,690,000.
    What are key features of this property?
    This property features: 13.14-acre commercial land in Bonham, TX, at the intersection of Highways 82 & 78.; 572,378 square feet with high visibility and accessibility.; Currently zoned Agricultural, offering diverse development potential.
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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
    00 Hwy Bonham, TX 75418
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