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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

709 Sam Rayburn Pkwy Bonham, TN 75418

14,562 SF 0.33 ac lot Built 2020
Property ID
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Property summary
AI-generated overview

This exceptional 14,562 square foot storefront property at 709 Sam Rayburn Parkway in Bonham, Tennessee, presents a lucrative investment opportunity. Currently operating as a beauty salon under a gross lease with one year remaining, the property boasts 100% occupancy, generating a strong 9.00% cap rate at an asking price of $80,000 ($6.87/sq ft). Built in 2020, this single-story building sits on a 0.33-acre lot (APN 83642) and is zoned for commercial use. Its strategic location in the heart of Bonham offers excellent visibility and accessibility, close to the downtown area and the local trades day. The property's adjacency to Bonham's only food truck park further enhances its appeal. The versatile space presents numerous possibilities for future tenants or uses, making it an ideal investment for discerning buyers. The property was recently carved from a larger parcel. This is a single-unit building.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2020
Total area 14,562 SF
Lot 0.33 ac (14,375 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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