5178 Boynton Cutoff Road

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5178 Boynton Cutoff Road

Vernon, FL 32462
Asking Price
$3.35M
Asset Type
Retail
Class
Class B

What's Special

5178 Boynton Cutoff Road is located in a rural corridor of Washington County, situated approximately five miles north of downtown Vernon, Florida. The surrounding neighborhood is primarily characterized by agricultural land, residential estates, and low-density development. The property provides direct road frontage along Boynton Cutoff Road, a connector route linking State Road 79 and State Road 277. These nearby state highways offer regional transit access across the Florida Panhandle, connecting the site to neighboring communities such as Chipley and Bonifay. Local amenities in the vicinity are limited, consisting primarily of outdoor recreational sites and small-scale community services. The location is suited for businesses serving the immediate local population or niche commercial operators requiring rural accessibility. Ideal use cases include a convenience store, specialized boutique, agricultural supply outlet, or service-oriented retail shop. The typical tenant profile likely includes independent small business owners or regional service providers seeking a standalone footprint with lower density competition. Given the surrounding residential landscape, the site offers potential for a neighborhood-scale retail use that caters to the daily needs of Washington County residents or commuters utilizing the connector road for north-south travel between major regional corridors.

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NOI
$80,000
Cap Rate
2.39%
DSCR
0.40
Underwater
Cash-on-Cash
-11.83%
Monthly Payment
$16,573.972
Annual Cash Flow
$-118,887.666

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