Bonham, Texas Commercial Real Estate 0 Listings

Bonham, Texas: A Premier Destination for Commercial Real Estate

Introduction

Bonham, Texas, while a small city with a population of approximately 10,000, offers significant opportunities in the commercial real estate (CRE) sector. With its strategic location in North Texas, Bonham is part of the Dallas-Fort Worth metropolitan area, a region known for its robust economic growth and diverse industry clusters. The city's economy is driven by agriculture, manufacturing, and retail, providing a diverse foundation for CRE development. Its favorable positioning near major transportation routes enhances its appeal as a prime spot for industrial and logistics operations.

Economic and Industry Overview

Bonham's economic landscape is anchored by industries such as agriculture, manufacturing, and retail. The presence of these sectors fuels demand for various commercial property types, including industrial, retail, and office spaces. The city's proximity to the larger Dallas-Fort Worth area provides access to broader industry clusters like technology and aerospace, further boosting CRE opportunities. Regional economic development initiatives focus on attracting new businesses and supporting existing industries, fostering a conducive environment for CRE investments.

Strategic Location and Transportation Infrastructure

Bonham's strategic location offers excellent transportation links, making it attractive for businesses reliant on distribution and logistics. Key transportation infrastructures include:

Highways: U.S. Highway 82 and State Highway 121 provide direct access to major markets.
Rail Lines: The city is served by short-line railroads, connecting to major freight corridors.
Airports: Proximity to Dallas-Fort Worth International Airport and smaller regional airports provides logistical advantages.

For more on transportation infrastructure, visit the Texas Department of Transportation.

Commercial Real Estate Inventory & Zoning

Bonham's commercial real estate market comprises several key submarkets:

CBD: The Central Business District offers a mix of office and retail spaces.
Industrial Corridors: Located along major highways, these areas are ideal for warehousing and manufacturing.
Zoning and Incentives: The city offers zoning overlays and incentives for developers interested in industrial and commercial projects.

For detailed zoning maps, visit the City of Bonham Zoning Maps.

Major Employers and Institutions

Major employers in Bonham include:

Agricultural Companies: Contributing significantly to the local economy.
Manufacturing Firms: Providing jobs and driving demand for industrial spaces.
Government Centers: Including the Fannin County Courthouse which plays a vital role in employment.

For more information, visit the Bonham Economic Development Corporation.

Notable Commercial Developments & Projects

Bonham is home to several notable commercial developments, including mixed-use projects and industrial parks. The city's engagement in public-private partnerships and Opportunity Zones offers additional investment opportunities. For more details, access the Bonham Planning Department.

Building Permits, Planning, and Development Tools

Useful resources for developers and investors include:

Market Data & Economic Reports

Bonham's economic data can be accessed through various public datasets, including census.gov and the city's open data portal. Brevitas offers AI-powered aggregation of public data and internal insights to provide comprehensive market analysis. Explore the Brevitas dashboards for Bonham here.