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Property profile & analytics
FOR SALE
Commercial land

1523 N State Highway 121 Bonham, TX 75418

1,064 SF 0.78 ac lot Built 1940
Individually Owned Absentee Owner Free & Clear
Property ID
US82-9267687
Property summary
AI-generated overview

This exceptional 0.78-acre commercial lot presents a unique investment opportunity in Bonham, Texas. Strategically situated on Highway 121, this property boasts approximately 136 feet of direct highway frontage, ensuring maximum visibility and accessibility for any business. The high-traffic location offers significant potential for attracting customers, with a documented 2023 daily traffic count of 14,907 vehicles on Highway 121, according to the Texas Department of Transportation (TXDOT). This translates to substantial exposure for your enterprise, making it an ideal site for a variety of commercial ventures. The expansive lot provides ample space for development, allowing for flexibility in design and construction to suit your specific business needs. Its prime location on a major thoroughfare offers unparalleled convenience and accessibility for both employees and customers. This property represents a rare chance to establish a thriving business in a vibrant and growing community. The asking price of $625,000 reflects the exceptional value and potential of this high-traffic commercial lot. Don't miss this opportunity to secure a prominent location for your business success. Contact us today to learn more and schedule a viewing.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1940
Construction WOOD FRAME
Total area 1,064 SF
Lot 0.78 ac (34,160 SF)
APN 79797
UPID US82-9267687
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
MOHAMMED SHOAIB
MOHAMMED SHOAIB
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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