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    Property profile & analytics

    00 And Thomas Dr Bonifay, FL 32425

    • Specialty properties
    • 435,600 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 00 And Thomas Dr

    Property size
    435,600 SF
    Property type
    Specialty properties

    Description

    This exceptional 38+ acre commercial property, located at 00 Highway 79 and Thomas Drive in Bonifay, Florida (zip code 32425), presents a significant development opportunity. Boasting over 1600 feet of road frontage on Highway 79 and excellent visibility from Interstate 10, this tract offers unparalleled access and exposure. The property encompasses a substantial 1,655,280 square feet (approximately 38 acres) and is zoned for versatile mixed-use development, allowing for retail, industrial, and high-density residential projects. Its strategic location provides easy access to Beaches International Airport, approximately 45 minutes away, capitalizing on the area's growing commercial real estate market. The asking price is $6,500,000. The total building area is 435,600 square feet. Additional acreage and/or smaller parcels may be available. This is a rare chance to acquire a premier commercial site with significant potential for substantial returns. The property's size and zoning flexibility make it suitable for a wide range of development concepts. Contact us today to explore this remarkable investment opportunity.

    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
    -85.6849
    Latitude
    30.7592

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    00 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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