Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    34 Gibson Rd Apalachicola, FL 32320

    View on Map
    Claim this Listing
    For Sale
    $120,000

    LAND - Apalachicola, FL

    Lot size:
    2.02 Acres
    Added:
    Feb 3, 2026
    Days on Market:
    73
    Last Refresh:
    Apr 17 at 6:06 pm

    Property Features for 34 Gibson Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0209S08W000002800000
    Lot size
    2.02 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    2.02 AC M/L IN SEC 02-09S-08W OR Z/476 OR/877/641
    Tax Annual Amount
    532

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Spohrer Price Ray Team

    Listing agent Spohrer Price Ray Team

    Listing office Berkshire Hathaway Homeservices - Sgi 140 1st Street, Ste B, ST. GEORGE ISLAND, FL

    Listing date Feb 3, 2026

    MLS# 325223

    Copyright © 2026 Forgotten Coast Realtor Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Apalachicola Wooded Homesite Opportunity

    This 2-acre wooded homesite is located at 34-36 Gibson Road, offering a blend of privacy and coastal convenience. The spacious parcel is suited for a custom home, coastal retreat, or investment build. Surrounded by mature trees and natural vegetation, the property provides a serene environment with room to design a layout. The location offers a peaceful feel of country living while remaining close to historic downtown Apalachicola, known for its shops, restaurants, and coastal culture. St. George Island's beaches, boat ramps, and opportunities for fishing and kayaking are a short drive away. The property offers space, beauty, and proximity to the coast. The property can be divided into two 1-acre parcels. A walk path has been recently cut in. According to the Franklin County Property Appraiser's website, no flood insurance is required.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store Skin Care Clinic Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Apalachicola
    County
    Franklin
    State
    Florida
    Longitude
    -85.0062386
    Latitude
    29.7290678

    Nearby Similar for Sale

    • $659,000
      3,600 SF

      Versatile Commercial Property on Highway 98

      High-visibility commercial property in Apalachicola with showroom, offices, and warehouse.
      631 Hwy 98 W, Apalachicola, FL 32320
      View Details
    • $650,000
      2,611 SF

      Apalachicola Commercial Building For Sale

      Downtown Apalachicola commercial building with upgrades and ample parking.
      47 Ave F, Apalachicola, FL 32320
      View Details
    • $340,000
      1,071 SF

      Mixed-Use Commercial Property, Apalachicola

      High-visibility mixed-use property in Apalachicola, Florida, suitable for investors.
      229 Highway 98, Apalachicola, FL 32320
      View Details
    • $795,000
      4,596 SF

      Apalachicola Storefronts Near Courthouse

      Four storefronts totaling approximately 4,600 sq ft in Apalachicola.
      45 Market St, Apalachicola, FL 32320
      View Details
    • $415,000

      Waterfront Commercial Land on Highway

      Bayfront parcels with high visibility near historic Apalachicola.
      530 Hwy 98 W, Apalachicola, FL 32320
      View Details
    • $2,550
      1,750 SF

      Downtown Apalachicola Commercial Space

      Highly visible commercial space with multiple potential uses.
      51 Market St unit: A, Apalachicola, FL 32320
      View Details
    • $315,000

      Apalachicola Bay View Land

      Commercial land with highway frontage and bay views.
      517 Hwy 98 W, Apalachicola, FL 32320
      View Details
    • $799,900
      3,500 SF

      Apalachicola Mixed-Use Commercial Building

      High-visibility mixed-use property with income potential in downtown Apalachicola.
      51 Market St, Apalachicola, FL 32320
      View Details
    • $300,000

      Apalachicola Commercial Land with View

      Commercial land in downtown Apalachicola with water view.
      286 Water St, Apalachicola, FL 32320
      View Details
    • $200,000

      Apalachicola Highway 98 Coastal Land

      0.92-acre parcel on Highway 98 with development potential.
      515 Hwy 98 W, Apalachicola, FL 32320
      View Details
    • $100,000

      Apalachicola Land with Development Potential

      Coastal homesite with mature trees near beaches and historic Apalachicola.
      342 Brownsville Rd, Apalachicola, FL 32320
      View Details
    • $289,500

      Apalachicola Land Investment Opportunity

      Two wooded building sites near downtown Apalachicola.
      139 8th St, Apalachicola, FL 32320
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Two-acre wooded homesite near Apalachicola and St. George Island.
    Where is this residential land & home lot located?
    The property is located at 34 Gibson Rd Apalachicola, FL.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: Large 2‑acre wooded homesite offering privacy and space.; Conveniently located minutes from historic downtown Apalachicola.; Close proximity to St. George Island beaches, boat ramps, and outdoor recreation.
    (850) 260-3356
    We can help!
    Listing Contact
    Spohrer Price Ray Team
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!