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Bonham Medical Building 201 W 5th St 5,591 SF Office Building Bonham, TX 75418 $2,515,950 ($450/SF)
Investment Highlights
- Convenient location near Hwy 121 with connectivity to major regional hubs.
- Positioned in an area supported by economic development and revitalization initiatives.
Executive Summary
Bonham Medical Building offers investors a fully finished medical facility strategically located in Bonham, Texas, near the intersection of Sam Rayburn Highway (Hwy 121) and West 5th Street. The property benefits from proximity to the Dallas-Fort Worth Metroplex, only 60 miles away, and sits about 30 minutes from Sherman’s growing tech hub. The standalone building has recently undergone a complete modernization, including interior upgrades with vinyl flooring, a high-efficiency HVAC system, and a durable metal roof—all designed to reduce maintenance costs and enhance operational efficiency.
Bonham’s economic development initiatives are focused on infrastructure upgrades and downtown revitalization, which adds long-term value potential for owners seeking growth markets. The property is positioned in a community that attracts families and professionals, ensuring consistent demand for healthcare services. List price is set at $2,515,950, providing an opportunity for strong occupancy potential complemented by favorable visibility and medical-specific features.
Bonham’s economic development initiatives are focused on infrastructure upgrades and downtown revitalization, which adds long-term value potential for owners seeking growth markets. The property is positioned in a community that attracts families and professionals, ensuring consistent demand for healthcare services. List price is set at $2,515,950, providing an opportunity for strong occupancy potential complemented by favorable visibility and medical-specific features.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,591 SF
Building Class
C
Year Built
2006
Price
$2,515,950
Price Per SF
$450
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,591 SF
Building FAR
0.27
Lot Size
0.48 AC
Zoning
Commercial - Commercial
Parking
17 Spaces (3.04 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Storage Space
- Central Heating
- Drop Ceiling
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 5,591 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 5,591 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 5,591 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $829,070 | |
| Land Assessment | $155,430 | Total Assessment | $984,500 |
Property Taxes
Parcel Numbers
Land Assessment
$155,430
Improvements Assessment
$829,070
Total Assessment
$984,500
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Bonham Medical Building | 201 W 5th St
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