1973 Fm 87 Ector, TX 75439

BUY and HOLD or DEVELOP now. Excellent 25.949 acre tract located on the west side of quickly growing Bonham on FM 87 has potential for use as a commercial, warehouse or residential and agricultural or a great buy and hold opportunity. New 8 inch waterline across the frontage. Approximately 1300 feet of road frontage on paved FM 87 with two existing entry points. Property is located one-half mile south of US HWY 82, 1.6 miles north of State HWY 56 and 2.3 miles west of State HWY 121 outside of Bonham?s city limits but within its ETJ. Businesses already located on FM 87 include Fannin Electric Cooperative?s new multi-million dollar headquarters on abutting property to the north as well as a paint facility just to the northeast, a transfer facility and a fertilizer production facility. Property currently has an agricultural tax exemption.