1522 Sam Rayburn DrBonham, TX 75418

For Sale
$1,395,000

12 Acres, Former Dealership, Lake Proximity

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • $1,395,000 asking price.
  • 12.36-acre commercial/retail land parcel.
  • $112,864 per acre land value.
  • Located at 1522 W Sam Rayburn Dr, Bonham, TX 75418.
  • Former automobile dealership site.
  • Close proximity to Bois D'Arc Lake.

Property Details for 1522 Sam Rayburn Dr

Property type
Other retail properties, Other land
Lot Size (sq. ft)
538,402 SF

Location Insight

City
Bonham
County
Fannin
State
Texas
Latitude
33.5712829
Longitude
-96.1993753
1522 Sam Rayburn Dr, Bonham, Texas

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1522 Sam Rayburn Dr
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