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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1709 Bonham Bonham, TX 75418

2,820 SF 9.67 ac lot Built 1996
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity encompasses 9.67 acres of land in Bonham, Texas, strategically situated along State Highway 121. The property boasts over 400 feet of highway frontage, providing unparalleled visibility and accessibility. Three existing highway entrances enhance convenience. The site presents significant development potential, combining a currently operating restaurant with substantial additional acreage. The existing restaurant building, approximately 2,820 square feet, is situated on a 0.66-acre parcel zoned for business use. A separate 9.07-acre tract is zoned multi-family. This larger parcel includes a 2,400 square foot home (per Fannin CAD). The property's zoning allows for diverse development options, catering to a range of commercial and residential uses. The asking price is $4,600,000, translating to $1,631 per square foot. Built in 1996, the single-story restaurant offers immediate income potential, while the expansive land provides a platform for future expansion and development. The property's location on a major thoroughfare in a rapidly growing area makes it an attractive investment for both developers and business owners. The APN is 000000079778. This property is located at 1709 N State Highway 121, Bonham, TX 75418.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1996
Total area 2,820 SF
Lot 9.67 ac (421,225 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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