0000 W Us Highway 82

Description

Seize this rare chance to invest in 13 acres of prime commercial real estate in the rapidly growing city of Bonham, TX! Zoned as Planned Development by the City of Bonham, this property is ideally suited for retail, dining, or mixed-use development. Located at the high-traffic intersection of US 82, TX 78, and TX 121, directly across from McDonalds, this site offers unparalleled visibility and accessibility for businesses looking to capitalize on Bonhams booming growth.Key Investment HighlightsStrategic Location: Positioned at a major intersection with a 2023 TXDOT daily traffic count of 7,573 vehicles, up from 3,600 in 2014, ensuring maximum exposure for future businesses.Opportunity Zone Benefits: Designated as a Qualified Opportunity Zone by the IRS, offering significant tax advantages for investors, including potential capital gains deferrals and reductions.Proximity to Bois DArc Lake: Just minutes from the newly developed Bois DArc Lake, a regional draw for recreation and tourism, driving population growth and economic activity in the area.Flexible Development Options: Owner may consider subdividing into smaller pad sites to accommodate a variety of commercial projects, from retail centers to restaurants.High Visibility: Unobstructed frontage along major highways, making this an ideal spot for businesses targeting both local residents and travelers.Why Bonham?Bonham is experiencing rapid transformation fueled by its proximity to Bois DArc Lake and easy access to Sherman, McKinney, and the Dallas-Fort Worth metroplex. With a growing population and a vibrant downtown featuring local shops, dining, and historic charm, Bonham is poised for continued economic expansion. Zoning: Planned Development (City of Bonham)Utilities: Access to city water, sewer, and high-speed internetDevelopment Potential: Perfect for retail, dining, office space, or mixed-use projectsProperty currently has an agricultural exemption.