Property profile

0 And Thomas Dr Bonifay, FL 32425

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 12,850,200 square foot (295+ acre) vacant land parcel presents a remarkable commercial development opportunity in Bonifay, Florida. Strategically located on Highway 79 and Thomas Drive, this property boasts over a mile of road frontage and exceptional visibility from Interstate 10, ensuring high traffic exposure. The versatile mixed-use zoning allows for a wide range of development options, including retail, industrial, and high-density residential projects. Its proximity to Beaches International Airport (a 45-minute drive) further enhances its appeal. This expansive site is available for purchase as a whole or in subdivided parcels, providing flexibility for developers of all sizes. The property's Assessed Parcel Number (APN) is 0618.00-000-000-001.000. The asking price for this significant land holding is $13,500,000. This presents a unique chance to capitalize on the area's growing commercial real estate market and create a thriving development. The property's location in Holmes County, Florida, zip code 32425, offers a compelling investment opportunity with significant potential for future growth and return.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

And Thomas Dr Bonifay, FL 32425
Bonifay metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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