702 Waukesha StBonifay, FL 32425

Property Details for 702 Waukesha St

Year built

2014

Lot size

1.26 AC

Property size (Sq ft)

9,680 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

0606.02-000-000-037.000

APU

60602000000037000

Description

This exceptional 7,958 square foot freestanding retail building presents a compelling investment opportunity in Bonifay, Florida. Situated at 702 S Waukesha Street, the property boasts an enviable location with high visibility and convenient access to major thoroughfares, including its proximity to Interstate-10 (just 1.6 miles away). Built in 2014, this single-tenant building sits on a 1.26-acre lot and offers 242 feet of frontage along Waukesha Street, ensuring maximum exposure to potential customers. The property includes 39 parking spaces, providing ample convenience for patrons. Further enhancing its appeal is the availability of prominent pylon signage, ideal for branding and attracting attention. The building's location is also advantageous, being only two blocks from Bonifay's downtown area, offering easy access to local amenities and a thriving community. This single-story, 1958 square foot building in Holmes County is perfect for a variety of retail uses and represents a rare opportunity to establish or expand a business in a highly visible and accessible location. The property's combination of size, location, and amenities makes it an attractive proposition for discerning investors and businesses seeking a strong foothold in a growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,697,714

  6.5%

  $1,567,121

  7%

  $1,455,184

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,734,141

  Geo Method

  $1,734,141

• Alternative Use

  Use

  Valuation

  Residential

  $1,321,925

  Hospitality

  $1,210,876

  Educational

  $1,007,435

  Medical

  $1,042,082

  Retail

  $1,567,121

Location Insight

City

Bonifay

County

Holmes

State

Florida

Latitude

30.7859

Longitude

-85.6794

Property Tax & Assessments

FAQs

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