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Under-Construction Flex Space Complex
For Sale
$1,420,000

109 Industrial Drive, Bonifay, FL 32425

CommercialSale, Bonifay, FL

Property Size10,000 SF
Lot Size7.00 Acres
Price / SF$142
Days on Market93

Property Features for 109 Industrial Drive

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Subdivision [No Recorded Subdiv]
Directions Heading North on Hwy 79, turn left on Hwy 90. In 0.6 miles, property is on the left. BETWEEN Dollar General and Hy-Temp Gas corporation. For GPS, navigate to 106 Industrial Dr.
Standard status Active
APN 1001.01-000-000-011.000
Size 10,000 SF
Lot size 7.00 Acres

Taxes and HOA fees

Tax Description SEE SALE NOTES
Legal Description SEE SALE NOTES

Building Details

Year built 2026
Flooring type Concrete
Building materials MetalSiding, SteelFrame
Roof type Metal
Listing Agency: Think Real Estate
Listed By: Justin Raley · License #SL3503448
Added: Jun 22 Changed: Sep 5 Last Checked: Sep 22 at 7:06PM
MLS# 791741

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This under-construction flex property includes a 10,000-square-foot warehouse on 7 acres, with a metal roof, steel-frame construction, and concrete flooring. The layout is framed for six bays: one 3,000-square-foot bay, one 2,000-square-foot bay, and four 1,200-square-foot bays. Each bay is planned with its own office, reception area, restroom, 12-foot-wide roll-up door, and front and rear pedestrian doors. The bays can be reconfigured to suit the next owner’s requirements.

The building provides six 14-foot roll-up doors, a 26-foot peak, and 24-foot eaves. A paved entry and parking area is in place, with room on the acreage for expansion. The property is located at 109 Industrial Drive in Bonifay, Florida. Interior office and restroom finishes remain incomplete, and separate electrical meters are still needed for the bays.

Key Highlights

  • 10,000 SF warehouse/flex space on 7 acres
  • Six 14‑foot roll‑up doors with 26‑foot peak and 24‑foot eaves
  • Framed bay plan includes 3,000 SF, 2,000 SF, and four 1,200 SF bays

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Big Box & Wholesale Store Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24 ft
Clear height

Location Intelligence

Trade Area within ½ mile

107
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32425, FL

14,419
Population
5,922
Households
2.4
Avg Household Size
42
Median Age
9%
College-Educated
82%
High-School Grad
264.7 sq mi
ZIP Area
54
Density / Sq Mi
$44,651
Median Household Income
$31,296
Median Earnings
$844
Median Rent
$109,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Under-construction flex property with reconfigurable bays, dedicated office areas, and paved entry and parking.
Where is this flex space located?
The property is located at 109 Industrial Drive Bonifay, FL.
What is the asking price?
The asking price for this property is $1,420,000.
What are key features of this property?
This property features: 10,000 SF warehouse/flex space on 7 acres; Six 14‑foot roll‑up doors with 26‑foot peak and 24‑foot eaves; Framed bay plan includes 3,000 SF, 2,000 SF, and four 1,200 SF bays
More about this property
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