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Property profile & analytics

1521 State Highway 121 Bonham, TX 75418

  • Commercial real estate
  • 3,500 SF
  • 0.70 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US82-6247267
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1521 State Highway 121

Year built
2000
Lot size
0.70 lot acres
Property size
3,500 SF
Property type
Commercial real estate
APN
79769
APU
79769

Description

This exceptional 3,500 square foot retail property is situated on a highly visible 0.7-acre lot along the busy State Highway 121 in Bonham, Texas. Its strategic location offers excellent exposure, benefiting from proximity to Bonham High School, numerous restaurants, and a Walmart. The building itself is a well-constructed metal structure, featuring two distinct areas designed for optimal functionality. A 1,500 square foot (30' x 50') showroom boasts a vaulted ceiling, spray foam insulation for energy efficiency, a restroom, and a practical workspace complete with a built-in countertop. The second area, a 2,000 square foot (40' x 50') insulated workshop, is equipped with three convenient roll-up doors, a walk-in door, a restroom, and a 12' x 11' kitchenette/break room, perfect for employee convenience. Ample parking is provided by a paved lot in front and a circular gravel driveway at the rear, ensuring easy access and maneuverability. The property is ideally positioned to capitalize on the significant growth and influx of new businesses currently transforming the area. This versatile space presents a remarkable opportunity for a variety of retail or commercial ventures seeking a prominent location with excellent visibility and functional design. The asking price is $795,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $370,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Bonham
County
Fannin
State
Texas
Longitude
-96.1931
Latitude
33.5882
CBSA code
14300
CBSA name
BONHAM, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2018
$7,538
$284,890
$336,190
$621,080
-
$284,890
$336,190
$621,080
More about this property
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