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79 Florida Hwy Bonifay, FL 32425

For Sale
$9,500,000

220 acres of entitled development land with highway frontage.

Source: Anderson Brooks Agent Anderson Brooks

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

220 Acres Development Land Available

This +/- 220-acre property is located one block south of the intersection of Interstate 10 and Highway 79. It features over 3,750 feet of paved frontage on Highway 79 and 2,500 feet of paved frontage along the north boundary, providing ample access. Approximately 80 acres are zoned Commercial, and +/- 140 acres are zoned Urban Mixed-use, allowing for +/- 7 million square feet of commercial space or +/- 2,200 residential units. Central water and sewer are completed along the Highway 79 frontage as part of the state-funded "79 Corridor Project Authority." Electric and cable services are also available on site. The FDOT annual drive count for Interstate 10 is 23,000 AADT, and Highway 79 is 7,700 AADT, reflecting an average 15% increase per year since 2020. The property is situated 0.18 miles south of Exit 122 on Highway 79, stretching 3,750 feet south along the eastern side of the road. It is located 390 feet south of Interstate 10 and neighbors Doctor's Memorial Hospital and an approved Busy Bee Travel Plaza Development. The property is 42 miles from ECP - Northwest Florida Beach International Airport and 44 miles north of white sandy beaches. Exact acreage and property lines will be determined by a boundary survey executed by the buyer.
Location Intelligence

Current Use by Public Records

Commercial land

Map

City
Bonifay
County
Holmes
State
Florida
Longitude
-85.6931
Latitude
30.8908

FAQs

What type of property is this?
Land - 220 acres of entitled development land with highway frontage.
Where is this land located?
The property is located at 79 Florida Hwy Bonifay, FL.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: - +/- 220 acres of fully entitled development land, zoned for over 7 million square feet of commercial space or nearly 2,200 residential units.; - Boasting over 3,750' of paved frontage on Highway 79 and 2,500' of paved frontage along the north boundary, providing excellent ingress and egress.; - Located one block south of the Interstate 10 and Highway 79 intersection, with high traffic counts and a 15% average annual increase since 2020.
More about this property
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