$885,000

1117 N State Highway 121

Bonham TX, 75418

Description

Extremely busy and productive automotive service property with outstanding sales and CAP rates. Located on hard corner with protected left turn lane in fast growing Bonham on busy 4-lane Hwy. 121 N. Hwy. 121 N. is the gateway for the soon to be completed over 16,000 acre Bois d 'Arc Reservoir and Recreation Area. The Southern most portion of the Reservoir is located near the city limits of Bonham. The additional 1.6 acres could be ideal for future expansion of this business or multiple other business opportunities. Only a 45 min. drive to McKinney.

Details

MLS#14440538
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2003
Days On Site161

Features

SQ Feet5,000
Story(s)1
Units1
ZoningYes

Market Activity 75418

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Area Information
StateTX
CountyFannin
CityBonham
Zip Code75418
AreaFANNIN AREA (71)
Listing VS Median (in 75418)
Price:
$885,000
low | high
Med:
$195,000
100% of Average
SqFt:
5,000
low | high
Med:
1,500
100% of Average
$ / SqFt:
$177
low | high
Med:
$135
73.4934086629% of Average
On Site:
161
low | high
Med:
38.5
100% of Average
Sourced by Back At You
Listing Updated: March 3, 2021 8:04:21 PM PST
Jack Lipscomb LogoMLS Number: 14440538
Listing Provided By:
Jack Lipscomb  of  United Country Lipscomb Realty

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.