Us-82 Bonham, TX 75418
- Land
- 57.90 lot acres
Current Use by Public Records
- Land
Property Details for 0 Us-82
- Lot size
- 57.90 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 57.9-acre property, situated on Highway 82 near Highway 121 in Bonham, Fannin County, Texas, presents a unique investment opportunity. Priced at $1,995,000, this land is currently unzoned, offering flexibility for diverse development projects. The property boasts significant highway frontage (1,054 feet) and is conveniently located near major retailers including Walmart, Tractor Supply, and several fast-food restaurants. Two ponds, one featuring a pier and stocked fish, enhance the property's appeal. Utilities, including a 12-inch waterline and an 8-inch sewer line, are readily accessible from Silo Road, the southern property line. The land is designated as clean agricultural exempt land and is located within an Opportunity Zone, providing potential tax advantages for investors. Its proximity to Bonham High School, Sherman (25 minutes away), and the Allen Premium Outlets (40 miles) further enhances its desirability. The area is experiencing growth, with new manufacturing facilities in Sherman creating numerous high-paying jobs and the anticipated opening of Bois d'Arc Lake for recreational use. The seller is willing to consider subdividing the land to accommodate various development plans, making this a versatile and attractive investment for agricultural, commercial, residential, or mixed-use projects. The property is not located in a flood zone.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bonham
- County
- Fannin
- State
- Texas
- Longitude
- -96.2182
- Latitude
- 33.604
