13.6 Acres of Commercial Land for Sale in Bonham, Texas

3664 N State Highway 78, Bonham, TX 75418

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$2,100,000
13.59 acres
Active sale agoEst $22,847/mo

OWNER FINANCING AVAILABLE w DEFERRED PAYMENTS! This is a fantastic new park in Bonham, TX just 2 minutes from Lake Bonham! Owners will be retaining and subdividing out a very small section to maintain their current fireworks stand and small roofing business office. This property is 2 parcels totaling 13.5 acres. Directly off the highway, you will find 37 completed asphalt RV spots with individual electric meters, wiring to each for private Wi-Fi, a wifi tower owned by the park, 23 spots planned and primarily paid for to the left of the completed 37 spots. Owner has purchased the big ticket items for those spots and the dirt work just needs to be done. Owner is building a laundry facility on-site with showers and a kitchen for the community. There is a large fishing pond and additional acreage to add yet another 60 spots for a total of 120! Projected income is stated in the listing for 37 spots. Proforma 60 Spots NOI is $307,714.29 1st year. Proforma 120 spots NOI is $615,428.00!

Directions

Take 78 North 32.8 mi. to Hwy 160 N., Turn right onto TX-121 N., 17.9 mi., Turn left onto N Texas State Hwy 121 0.6 mi. Continue on TX-121 N. Drive to S State Hwy 78 N 7 min (4.9 mi) Continue straight onto TX-121 N follow TX-121 N 3.5 mi Slight left onto S State Hwy 78 N 1.4 mi.,

Property details

Coordinates
33.6507, -96.178
Community
Wildlife Management
Elevation
597 feet
MLS Number
NTREIS 20385979
Date Listed

Legal description

Parcels

  • 000000073201

Resources

This 13.59-acre property is located at 3664 N State Highway 78 in Bonham, TX 75418 with latitude 33.6507 and longitude -96.178. The property is currently available for sale for $2,100,000 with a price per acre of $154,525. Listing data is sourced from North Texas Real Estate Information Systems # 20385979.

Verify sale details at the property source or contact Call It Closed Realty at (817) 706-6582.

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Listing checked and updated . Parcel data by Regrid.

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