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411 Saint Johns Rd 16,500 SF 100% Leased Office Building Bonifay, FL 32425 $2,575,000 ($156.06/SF)



Investment Highlights
- LOCATION proximity to Interstate !0 and Hwy 79
- Property is being kept in very good condition
- Easy ingress and egress to Interstate 10
Executive Summary
PREMIER LOCATION at the NW corner area of Hwy 79 and Interstate 10.There is currently two tenants with leases expiring in February and March of next year. The owner has just completed 33 new climate controlled storage units in the remaining 3,500 sq ft. large commercial lot with 90+ parking spaces. The building is in very good overall condition. metal roof in good condition with no visible leaks and all other services are in good working condition. to see the building an appointment is needed as there is tenants occupying most of the property. The new Busy Bee is set to start construction on the South West corner of Hwy 79 and Interstate 10. Lots of new construction and commercial growth is happening in the City of Bonifay.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
16,500 SF
Building Class
C
Year Built
1982
Price
$2,575,000
Price Per SF
$156.06
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
16,500 SF
Slab To Slab
12’
Building FAR
0.15
Lot Size
2.60 AC
Zoning
Commercial - property is zoned General Commercial
Amenities
- Air Conditioning
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 1012.00-000-000-017.500 | Improvements Assessment | $82,627 |
| Land Assessment | $218,584 | Total Assessment | $301,211 |
Property Taxes
Parcel Number
1012.00-000-000-017.500
Land Assessment
$218,584
Improvements Assessment
$82,627
Total Assessment
$301,211
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Presented by
Ibis Lake Realty
411 Saint Johns Rd
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