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    802 Highway 90 Bonifay, FL 32425

    For Sale
    $170,000

    High-visibility commercial property with rental income.

    Property size:
    6,609 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional investment opportunity in Bonifay, FL, presents a versatile 6,609 square foot concrete block building situated on a 1.82-acre lot. The property is strategically located on busy Highway 90 within an Urban Mixed Use Future Land Use District, ensuring high visibility and accessibility for any commercial venture. The main building, boasting over 4,100 square feet and a brand new metal roof, offers ample space for a variety of uses, including offices, retail, restaurants, or even multi-family housing. Currently, the property generates rental income from three residential units: two single-wide manufactured homes (one 3-bedroom, 1-bath

    Property Features for 802 Highway 90

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,609 SF
    Lot Size
    79,279 SF

    Building Details

    Year Built
    1957
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bonifay
    County
    Holmes
    State
    Florida
    Longitude
    -85.69175
    Latitude
    30.78916

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility commercial property with rental income.
    Where is this commercial real estate located?
    The property is located at 802 Highway 90 Bonifay, FL.
    What is the asking price?
    The asking price for this property is $170,000.
    (850) 638-0370
    Request Owner's contact information
    802 Highway 90 Bonifay, FL 32425
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    Bonifay, FL 32425
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    802 Highway 90 Bonifay, FL 32425
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