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Property profile & analytics
OFF-MARKET
Land

0000 Waukesha St Bonifay, FL 32425

3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3-acre parcel in Bonifay, Florida, presents a unique investment opportunity. Located at the highly visible southwest corner of Highways 79N and 177A, this property boasts over 400 feet of frontage on Highway 79N. Previously held off the market for an extended period, this land is now available for development. The property is zoned for mixed-use, allowing for both commercial and residential development, offering significant flexibility for various projects. The land itself is open, level, and ready for immediate construction. Its strategic location at a red-light intersection provides unparalleled visibility and accessibility, making it ideal for a wide range of businesses. The property's proximity to three feeder highways from surrounding towns ensures high traffic volume. This location is particularly attractive as the only undeveloped corner at this key intersection. The potential uses are numerous, ranging from a large-scale development such as an outdoor mall or shopping center, to smaller, individual parcels. The seller is open to considering various development scenarios. The asking price is $1,250,000, representing a price per acre of $417,000. This represents a significant opportunity to capitalize on the growth potential of this prime Bonifay location. The entire 7+ acre parcel is also available.

Property profile
Verified
Property type Land
Lot 3 ac (130,680 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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