402 Waukesha St Bonifay, FL 32425
This exceptional 1,924-square-foot office building presents a compelling investment opportunity in Bonifay, Florida. Situated on a high-visibility corner lot (0.48 acres) at the intersection of North Waukesha Street (Highway 79) and East Iowa Avenue, this single-story, 1987-built Class C property boasts excellent ingress and egress. The building features two offices, a break room, and ample parking with 17 spaces and a convenient two-lane drive-through. Its prime location offers easy access to major transportation arteries, including Interstate 10 (2.3 miles north) and Highway 90 (0.5 miles north), placing it within the heart of Holmes County's economic activity. Just a block from the Holmes County Tax Collector's office, this well-maintained property is priced below replacement cost, making it an attractive proposition for owner-occupiers or investors. The building's excellent condition and strategic location within Bonifay's business district ensure strong potential for return on investment. The 20,908.8-square-foot lot provides significant space and visibility, further enhancing its appeal. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Florida market.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.