3089-3095 Hoovers Mill Rd Bonifay, FL 32425
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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