709 Sam Rayburn Pkwy Bonham, TN 75418
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.