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    Property profile & analytics

    And Thomas Dr Bonifay, FL 32425

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 And Thomas Dr

    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bonifay
    County
    Holmes
    State
    Florida
    Longitude
    -85.7256
    Latitude
    30.8714

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    And Thomas Dr
    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
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