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1522 Sam Rayburn Dr Bonham, TX 75418

For Sale
$1,395,000

12 Acres, Former Dealership, Lake Proximity

Description

Added:
Dec 11, 2024
Days on Market:
367
This exceptional 12.36-acre commercial land parcel presents a unique investment opportunity in Bonham, Texas. Located at 1522 W Sam Rayburn Dr, this property boasts a prime location, offering high visibility and accessibility. Previously utilized as an automobile dealership, the site provides a solid foundation for a variety of commercial or retail ventures. The expansive lot size allows for significant development potential, catering to large-scale projects or the creation of multiple smaller businesses. Its strategic positioning offers convenient access to the thriving Sherman area, just a 20-minute drive to the east. A significant advantage is the property's close proximity to Bois D'Arc Lake, a 26-mile man-made lake, attracting significant recreational traffic and boosting the area's appeal. The asking price for this substantial land holding is $1,395,000, translating to an attractive price per acre of $112,864. This represents a compelling investment opportunity in a growing Texas market, offering both immediate development potential and long-term appreciation prospects. The property is situated in Fannin County, Texas, with a zip code of 75418. This location provides easy access to major transportation routes and a strong local customer base. The site's history as a former dealership suggests existing infrastructure that could streamline development costs. This property is ideal for developers, investors, and entrepreneurs seeking a high-impact commercial venture in a desirable location.

Property Features for 1522 Sam Rayburn Dr

General Information

Property type
Land
Lot Size
538,402 SF

HighLights

  • $1,395,000 asking price.
  • 12.36‑acre commercial/retail land parcel.
  • $112,864 per acre land value.
  • Located at 1522 W Sam Rayburn Dr, Bonham, TX 75418.
  • Former automobile dealership site.
  • Close proximity to Bois D'Arc Lake.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon 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
-96.1993753
Latitude
33.5712829

FAQs

What type of property is this?
Land - 12 Acres, Former Dealership, Lake Proximity
Where is this land located?
The property is located at 1522 Sam Rayburn Dr Bonham, TX.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: $1,395,000 asking price.; 12.36-acre commercial/retail land parcel.; $112,864 per acre land value.
More about this property
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