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Property profile & analytics
OFF-MARKET
Land

56 12.36 Acres Hwy 121 & Hwy Bonham, TX 75418

12.36 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 12.36-acre commercial land parcel presents a remarkable investment opportunity in Bonham, Texas. Strategically located at the intersection of Highway 121 and Highway 56, this property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial developments. The asking price is $1,395,000, translating to a land value of $2.59 per square foot. Situated in Fannin County, with a zip code of 75418, this expansive tract offers significant potential for businesses seeking high-traffic exposure. The property's location provides easy access to major transportation routes, ensuring convenient commutes for employees and customers alike. Given its size and prime location, this land is suitable for various commercial ventures, from retail centers and restaurants to industrial facilities and office complexes. The property's flat terrain simplifies development, minimizing site preparation costs and accelerating project timelines. This is a rare opportunity to acquire a substantial commercial land holding in a thriving Texas market. Don't miss out on this chance to secure a prime location for your next commercial endeavor. Detailed site surveys and further information are readily available upon request.

Property profile
Verified
Property type Land
Lot 12.36 ac (538,402 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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