1523 N State Highway 121 Bonham, TX 75418
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2018Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.