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+/- 297 ACRES ON HWY 79, BONIFAY, FL 32425 (MLS # 592741)

Price $3,950,000
Beds
Baths
Home size sq ft
Lot Size 2500X5175
Days on Market 339

+/- 297 ACRES ON HWY 79, BONIFAY, FL 32425 (MLS # 592741)

NEARLY 1 MILE OF PRIME FRONTAGE ON HWY. 79 AT I-10! A prime tract logistically catering to the strong emerging growth area of Hwy. 79 at Interstate 10 in Holmes County of Bonifay, Florida! This phenomenal opportunity is located just over 20 miles North of the new Northwest Florida Beaches International Airport in Panama City. Consequently, this opportunity will certainly be a significant benefactor from the proven historical economic catalyst of not only a nearby airport, but also servicing the supply chain of the Aerospace "Hub", as this corridor is described by national economists who track the influence of that industry along the Gulf Coast. +/-35 acres is commercial under the Holmes County Comprehensive Plan, while the remaining +/-262 acres is zoned for residential uses. Therefore, the current zoning would allow for 1.525 million sq. ft. of commercial uses and (26) residential units. Under a specific development plan, increases in entitlements could potentially be achieved at (20) residential units per acre. With such approvals, the commercial intensity would increase to 43,560 sf per acre! The site also will greatly benefit from the tax and entitlement incentives mandated under the Rural Enterprise Zone". Please inquire for further details.

Property Type(s):

Last Updated Mar 08, 2013 Stories
Year Built Community
Garage Spaces County HOLMES
Total Parking Walk Score ®  

Additional Details

Acres 297.000000 Assoc Dues
Assoc Term County
Cross Streets Lot #
Lot Dimensions 2500X5175 TGNO
Model Code Model Name
# Garages Stories
AP # Tract #

Features

Energy
Construction Status N/A
Construction
Style
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Exterior
HOA Included
Interior
Leases
Room Descriptions
Parking
Facilities
To Show
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Waterfront
Water View
Internet All, ECAR Public Site, NWF Daily News, PNJ.com/HomeFinder.com, NAR Commercial Source
Sale Type

Location

Listed with Somers & Company




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+/- 297 ACRES ON HWY 79, BONIFAY, FL 32425 (MLS # 592741)

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