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Property profile & analytics
OFF-MARKET
Warehouses

3089-3095 Hoovers Mill Rd Bonifay, FL 32425

3,888 SF Built 1963
Property ID
Property summary
AI-generated overview

This exceptional 3,888-square-foot warehouse, situated on a generous 2-acre lot (91,476 sq ft), presents a unique investment opportunity in Bonifay, Florida. Built in 1963, this single-story industrial property boasts a rich history, rumored to be the former Hoovers Corn Mill Building. The warehouse is thoughtfully divided into four distinct sections, offering flexibility for various uses. A central office area, complete with a kitchenette and full bathroom, enhances functionality. Individual warehouse sections measure approximately 40x50 feet, 40x40 feet, and 40x40 feet, with one section including a 12x12-foot built-out office. Adding to its unique character are two impressive grain silos, standing 20 feet tall with a 24-foot diameter and 75-foot circumference. Practical features include a loading dock, loading ramp, oversized roll-up doors, and paved road access ensuring convenient ingress and egress. The property's proximity to Highway 79 provides excellent accessibility. Owner financing is available with an acceptable offer and a minimum 30% down payment. All dimensions are approximate

Property profile
Verified
Property type Warehouses
Year built 1963
Total area 3,888 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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