Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4915 Bay Ave Youngstown, FL 32466

    Sponsored
    For Sale
    Contact for pricing

    LAND - Youngstown, FL

    Lot size:
    0.34 Acres
    Days on Market:
    19
    Last Refresh:
    Jan 24 at 3:06 pm

    Property Features for 4915 Bay Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    05354-521-000
    Lot size
    0.34 Acres

    Utilities

    Sewer type
    Septic Needed
    Water front
    1

    We can help!

    Listing Contact
    David A Thomasee

    Think Real Estate (850) 890-6262

    Listing agent David A Thomasee (850) 270-4200

    Listing date Jan 6, 2026

    MLS# 769662 Listing URL

    Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Land Near Deerpoint Lake

    This 0.34-acre lot in Youngstown, FL, presents an opportunity for building a dream home. Located on a paved road with available electricity, the property balances convenience and natural beauty. It is situated a short distance from Deerpoint Lake, with easy access to a nearby boat ramp less than half a mile away. Potential water views are possible from several spots on the property. The lot is nestled in a peaceful, private community experiencing significant growth, offering both privacy and long-term potential. Well and septic systems are required. The property is positioned as an investment for creating a perfect living space and is suitable for new construction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Building Supply Wholesale Shop Grocery Store Furniture Store Electronics Store Toy Store Kid Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Youngstown
    County
    Bay
    State
    Florida
    Longitude
    -85.577155
    Latitude
    30.306292

    Nearby Similar for Sale

    • $130,000
      2,814 SF

      Youngstown Multifamily Investment Opportunity

      Two mobile homes on 1.25+ acres, ideal for rental income.
      6431 Wolfe Ln, Youngstown, FL 32466
      View Details
    • $2,250,000

      Equestrian Estate with Luxury Residence

      100-acre estate featuring a luxury residence and equestrian facilities.
      13935 Blue Springs Rd, Youngstown, FL 32466
      View Details
    • $365,000

      Youngstown Church - $365K

      Florida church, 1.4 acres, ample parking.
      8904 Highway 2301, Youngstown, FL 32466
      View Details
    • $199,000

      Florida RV Park Investment Opportunity

      Profitable RV park with low expenses.
      8209 Highway 2301, Youngstown, FL 32466
      View Details
    • $115,000

      Prime Hwy 231 Commercial Land

      High-traffic location, build-to-suit option.
      12724 Highway 231, Youngstown, FL 32466
      View Details

    FAQs

    What type of property is this?
    Land - Ideal lot for building a dream home near Deerpoint Lake.
    Where is this land located?
    The property is located at 4915 Bay Ave Youngstown, FL.
    What is the asking price?
    The asking price for this property is $17,500.
    What are key features of this property?
    This property features: - Ideal location for building a dream home in a growing, private community.; - Easy access to Deerpoint Lake and nearby boat ramp (less than half a mile).; - Electricity readily available on a paved road.
    (850) 532-7225
    Request Owner's contact information
    4915 Bay Ave Youngstown, FL 32466
    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.
    4915 Bay Ave
    Youngstown, FL 32466
    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
    4915 Bay Ave Youngstown, FL 32466
    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

    We can help!
    Listing Contact
    David A Thomasee
    (850) 532-7225
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.