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    0 Son N Law Rd Bonifay, FL 32425

    • Land
    For Sale
    View listing
    $750,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Son N Law Rd

    Property type
    Land
    Property subtype
    Commercial land

    Description

    One of the true premier remaining I-10 sites available. Amazing location in Bonifay. Adjacent 3 acres also available. Commercial is located in 5.1.j, and allows for a wide range of commercial uses, but not residential uses. The 'commercial' land use category is designed for a wide range of business uses, including retail, wholesale, communication facilities, light industrial, offices, and professional services. Residential uses are not allowable, except as incidental or accessory uses. Commercial and business uses shall be limited to an impervious surface coverage of 90% and a floor to area ratio of 2.0. While commercial and business development may not exceed 90% impervious surface coverage the Gross Floor Area Ratio (FAR) of 2.0 shall also not be exceeded.

    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
    State
    Florida
    Longitude
    -85.6796533
    Latitude
    30.7918559

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    0 Son N Law Rd
    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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