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Property profile & analytics
OFF-MARKET
Commercial real estate

711 Sam Rayburn Pkwy Bonham, TX 75418

504 SF 0.99 ac lot Built 2020
Property ID
Property summary
AI-generated overview

This thriving food truck park in Bonham, Texas, presents a unique investment opportunity. Located at 711 A W Sam Rayburn Parkway, this Class B property boasts 504 square feet on a 0.99-acre lot (APN 83642) and is zoned for commercial use. Built in 2020, the single-story building features four currently occupied food truck spaces, with additional space for up to ten trucks. The property includes a stage with power, a patio area for live music, a commissary, and a storage room to support tenants. Its prime location offers easy access to major cities including Paris, McKinney, and Sherman (approximately 40 miles away), and is conveniently situated about 10 miles from the upcoming Bois D'Arc Lake. The current asking price is $180,000, representing a compelling $396.83 per square foot and an attractive 11% cap rate. High demand is evidenced by consistent inquiries regarding additional food truck spaces. This turnkey operation offers immediate income potential and significant upside for future expansion. The property's strategic location and existing infrastructure make it an ideal investment for both seasoned and aspiring entrepreneurs in the food service industry. This is a rare opportunity to acquire a well-established and profitable business with significant growth potential.

Property profile
Verified
Property type Commercial real estate
Year built 2020
Total area 504 SF
Lot 0.99 ac (43,124 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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