1522 Sam Rayburn DrBonham, TX 75418

Property Details for 1522 Sam Rayburn Dr

Lot size

1.77 AC

Property size (Sq ft)

264 SF

Property type

Commercial real estate

APN

75912

APU

75912

Description

This exceptional 12.36-acre commercial land parcel presents a unique investment opportunity in Bonham, Texas. Located at 1522 W Sam Rayburn Dr, this property boasts a prime location, offering high visibility and accessibility. Previously utilized as an automobile dealership, the site provides a solid foundation for a variety of commercial or retail ventures. The expansive lot size allows for significant development potential, catering to large-scale projects or the creation of multiple smaller businesses. Its strategic positioning offers convenient access to the thriving Sherman area, just a 20-minute drive to the east. A significant advantage is the property's close proximity to Bois D'Arc Lake, a 26-mile man-made lake, attracting significant recreational traffic and boosting the area's appeal. The asking price for this substantial land holding is $1,395,000, translating to an attractive price per acre of $112,864. This represents a compelling investment opportunity in a growing Texas market, offering both immediate development potential and long-term appreciation prospects. The property is situated in Fannin County, Texas, with a zip code of 75418. This location provides easy access to major transportation routes and a strong local customer base. The site's history as a former dealership suggests existing infrastructure that could streamline development costs. This property is ideal for developers, investors, and entrepreneurs seeking a high-impact commercial venture in a desirable location.

• Alternative Use

  Use

  Valuation

  Residential

  $66,548

  Hospitality

  $60,957

  Educational

  $50,716

  Medical

  $52,460

  Retail

  $78,891

Location Insight

City

Bonham

County

Fannin

State

Texas

Latitude

33.5714

Longitude

-96.2008

CBSA code

14300

CBSA name

BONHAM, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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