13.14 Acres Lot
13.14 Acres Lot
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Jm Crittenden Add
MLS Listing ID 20994558
Annual Tax Amount $30
Lot Size 13.141 Acres
Acres 13.141
Property Sub-Type Unimproved Land
Property Description
high-visibility commercial land zoned Planned Development, perfectly suited for retail, dining, or mixed-use projects.
Strategically located at the busy intersection of US 82, TX 78, and TX 121—directly across from McDonald's—with 2023 TXDOT traffic counts of 7,573 vehicles per day (up significantly from 3,600 in 2014).
Key Advantages
Qualified Opportunity Zone – major tax benefits including capital gains deferral and reduction
Minutes from the new Bois D'Arc Lake, fueling regional tourism, recreation, and population growth
Owner flexible on subdividing into pad sites for retail, restaurants, or other commercial uses
Excellent unobstructed highway frontage for maximum exposure
Full utilities available (city water, sewer, high-speed internet)
Close proximity to new planned housing development, Aldi Grocery Store (under construction) and a Hampton Inn hotel. (under construction).
Currently Ag Exempt
Bonham is rapidly growing, with easy access to Sherman, McKinney, and the DFW metroplex, plus a charming, revitalized downtown.
Location
State TX
County Fannin
Zoning Planned Development
Direction From Sherman head East on US 82. Property is on the north side of US 82 in Bonham between US 121 and US 78. It is the first vacant property headed west on the US 82 access road just past the US 78 and US 82 intersection
Exterior
Utilities Available Asphalt, Electricity Available, Natural Gas Available, Phone Available
Garage No
Building
Lot Description Acreage, Cleared, Level
Structure Type See Remarks
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Aerial Photo, Verify Rollback Tax, Verify Tax Exemptions
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20994558
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "