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    Property profile & analytics

    1404 Beaver Dam Rd Bonifay, FL 32425

    • Commercial real estate
    • 240.00 lot acres
    For Sale
    View listing
    $1,320,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-8678135
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1404 Beaver Dam Rd

    Lot size
    240.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 240-acre ranch in Holmes County, Florida, presents a unique opportunity for those seeking a secluded country lifestyle. Currently configured as a cattle farm, the property boasts extensive fencing and cross-fencing, indicating readiness for immediate livestock operation. Ten Mile Creek traverses the western boundary, adding a natural water feature to the landscape. The property's abundant wildlife makes it ideal for hunting enthusiasts, with excellent opportunities for deer and dove hunting. Its secluded location offers privacy and tranquility, while remaining conveniently located. Dothan, Alabama, is approximately 40 minutes north, and Panama City Beach is less than an hour south, providing access to urban amenities and coastal recreation. The nearby town of Graceville, Florida, offers easy access to essential services such as grocery stores, restaurants, and gas stations. The asking price for this expansive property is $1,320,000. The address is 1404 Beaver Dam Rd, Bonifay, FL 32425. This is a remarkable opportunity to own a substantial, well-maintained ranch in a desirable location. The property's size, features, and location combine to create an exceptional investment and lifestyle opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bonifay
    County
    Holmes
    State
    Florida
    Longitude
    -85.6755519
    Latitude
    30.9359419

    Comparable in this City

    • $1,320,000

      Holmes County Cattle Farm

      240-acre cattle farm in northeast Holmes County, Florida.
      1404 Beaver Dam Rd, Bonifay, FL 32425
      View Details
    • Contact for pricing
      95 SF

      Spacious Home on 95 Acres

      2155 sq ft home on 95 acres with ponds.
      1771 Flowing Well Rd, Bonifay, FL 32425
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    • $120,000
      35.91 Acres

      Bonifay, FL Prime Land

      35.91 Acres of prime land, ideal for hunting.
      W Love Rd, Bonifay, FL 32425
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    • $89,000
      9.59 Acres

      Unrestricted Acreage with Highway Frontage

      9+ acres near Choctawhatchee River, ideal for country living.
      2144 Highway 179, Bonifay, FL 32425
      View Details
    • $199,000
      Pending

      23-Acre Tract on Hwy 79

      23+/- acre tract suitable for home site or recreation.
      0001 Highway 79, Bonifay, FL 32425
      View Details
    • $9,500,000

      220 Acres Development Land Available

      220 acres of entitled development land with highway frontage.
      79 Florida Hwy, Bonifay, FL 32425
      View Details

    Similar Nearby for Sale

    • $1,320,000

      Holmes County Cattle Farm

      240-acre cattle farm in northeast Holmes County, Florida.
      1404 Beaver Dam Rd, Bonifay, FL 32425
      View Details
    • Contact for pricing
      95 SF

      Spacious Home on 95 Acres

      2155 sq ft home on 95 acres with ponds.
      1771 Flowing Well Rd, Bonifay, FL 32425
      View Details
    • $120,000
      35.91 Acres

      Bonifay, FL Prime Land

      35.91 Acres of prime land, ideal for hunting.
      W Love Rd, Bonifay, FL 32425
      View Details
    • $89,000
      9.59 Acres

      Unrestricted Acreage with Highway Frontage

      9+ acres near Choctawhatchee River, ideal for country living.
      2144 Highway 179, Bonifay, FL 32425
      View Details
    • $130,000
      29.95 Acres

      Riverfront Timber Tract in Florida

      29.95 Acres, Choctawhatchee Riverfront
      0 Horseshoe Loop, Bonifay, FL 32425
      View Details
    • $30,000

      Land Near Dogwood Lakes Golf

      Land located near Dogwood Lakes Golf Course in Bonifay, Florida.
      0000 Country Club Dr, Bonifay, FL 32425
      View Details
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    Bonifay, FL 32425
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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