Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    Douglas Ferry Road Vernon, FL 32462

    View on Map
    Claim this Listing
    Picture of Land at Douglas Ferry Road, Vernon, FL
    Pending
    $135,000

    LAND - Vernon, FL

    Lot size:
    60.00 Acres
    Added:
    Oct 14, 2024
    Days on Market:
    572
    Last Refresh:
    May 8 at 10:06 am

    Property Features for Douglas Ferry Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    00000000-00-5562-0000
    Lot size
    60.00 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    12 3 16 60 ORB 455 P 410 SE1/4 OF NE1/4,S1/2 OF SW1/4 OF NE1/4
    Tax Annual Amount
    150

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    Sheran Whitaker
    Sheran Whitaker

    Listing agent Sheran Whitaker License #3005728

    Listing office New Town Realty 4415 Moss Hill Rd, Vernon, FL

    Listing date Oct 14, 2024

    MLS# 763804 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.

    HighLights

    • 60 Acres of Land
    • Great Soil
    • Plenty of Wildlife
    • Recently Timbered
    • Diverse Land with Many Possibilities
    • Location: [-85.79503,30.682213]

    Overview

    Vernon, FL Land For Sale

    This 60-acre property in Vernon, Florida, presents diverse possibilities. The land, recently timbered and currently landlocked, features favorable soil conditions and an abundance of wildlife. Located in Washington County, the property is situated off Douglas Ferry Road in the 32462 postal code area.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Vernon
    County
    Washington
    State
    Florida
    Longitude
    -85.77
    Latitude
    30.6098

    Nearby Similar for Sale

    • $69,900

      Land Ready for Homesite

      3-acre homesite with cleared area, mature oaks, paved road.
      River Road, Vernon, FL 32462
      View Details
    • $2,940,860

      Vernon, FL Land Investment

      113.11 acres with highway frontage near Panama City Beach.
      Hightower Road, Vernon, FL 32462
      View Details
    • $96,000

      Warehouse and Land in Vernon, FL

      Land with warehouse near Choctawhatchee River, great for recreation.
      Canal Drive, Vernon, FL 32462
      View Details
    • $449,900

      90 Acres of Farmland

      90+/- acres perfect for a family dream location!
      90 Acres Union Hill Road, Vernon, FL 32462
      View Details
    • $39,900

      Land For Sale in Vernon

      Two acre land parcel available in Vernon, Florida.
      3443 Ice Tea Road, Vernon, FL 32462
      View Details
    • $125,000

      Commercial Land on Main Street

      0.92 acres of commercial land in Vernon, Florida.
      Main Street, Vernon, FL 32462
      View Details
    • $88,000

      Waterfront Land in Vernon, Florida

      Waterfront lot ideal for weekend get-away or full-time escape.
      11554 Steel Field Road, Vernon, FL 32462
      View Details
    • $175,000

      20 Acres Wooded Land For Sale

      20-acre wooded lot with pond near Holmes Creek.
      3878 RIVER Road, Vernon, FL 32462
      View Details
    • $150,000

      Established Bait and Tackle Shop

      Bait shop with RV rental potential near natural spring.
      3055 Culpepper Lane, Vernon, FL 32462
      View Details
    • $600,000
      2,500 SF

      Secluded Homestead on 38 Acres

      Homestead on 38 acres with home and pole barn.
      3379 Acy Rd, Vernon, FL 32462
      View Details
    • $199,999

      Lakeside Land Parcel on Pate Lake

      73-acre land parcel with lake and road frontage.
      3199 Pate Pond Road, Vernon, FL 32462
      View Details
    • $125,000

      Land on Creek Run Road

      9.98-acre property in Vernon, FL, for custom home.
      Creek Run Road, Vernon, FL 32462
      View Details

    FAQs

    What type of property is this?
    Land - 60 acres of land with diverse possibilities in Vernon.
    Where is this land located?
    The property is located at Douglas Ferry Road Vernon, FL.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: 60 Acres of Land; Great Soil; Plenty of Wildlife
    (850) 258-6429
    We can help!
    Listing Contact
    Sheran Whitaker
    Sheran Whitaker
    Real Estate License ID: 3005728
    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

    Thank You for Inquiry
    Douglas Ferry Road, Vernon, FL 32462
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!