495 St Johns Road

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495 St Johns Road

Bonifay, FL 32425
Asking Price
$2.58M
Asset Type
Retail
Class
Class B

What's Special

495 St Johns Road is situated in Bonifay, Florida, positioned near the intersection with State Road 79. The surrounding neighborhood is characterized by a mix of residential pockets and small-scale commercial developments. This location offers proximity to regional amenities including local government offices, schools, and essential service providers. Transportation access is primarily facilitated via State Road 79, which serves as a major north-south corridor connecting the area to Interstate 10, located approximately three miles to the south. The property is suited for general retail use cases, such as convenience stores, specialty boutiques, or professional service offices. Given the local demographics and neighborhood traffic patterns, an ideal tenant profile includes regional service providers or independent retailers seeking a presence in a central Holmes County location. The site layout supports businesses requiring both pedestrian visibility and accessible surface parking for a localized customer base.

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NOI
$80,000
Cap Rate
3.11%
DSCR
0.52
Underwater
Cash-on-Cash
-9.43%
Monthly Payment
$12,739.695
Annual Cash Flow
$-72,876.34

Location & Travel Times