Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Undeveloped Land in Graceville, Florida Title is generated by Realmo AI

    0000 N Holmes Creek Road, Graceville, FL 32440

    View on Map
    Claim this Listing
    For Sale
    $56,500

    Undeveloped land parcel located in Graceville, Florida.

    Type:Land
    Added:
    Jul 4, 2025
    Days on Market:
    334
    Last Refresh:
    Apr 1 at 1:06 am

    Property Features for 0000 N Holmes Creek Road

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Kent Whitson

    Listing agent Kent Whitson

    Listing office AG ONE LAND COMPANY LLC

    Listing date Jul 4, 2025

    Source Evrealestate

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of AG ONE LAND COMPANY LLC

    HighLights

    • Located in Holmes County
    • Situated 1.7 miles from N. Holmes Creek Rd.
    • Accessible via Highway 162 (CR‑162)
    • Accessed from Highway 173 (CR‑173)
    • Located 4 miles from Highway 173 (CR‑173) and E. North Ave. (CR‑173) intersection
    • Located 2.1 miles from Highway 162 (CR‑162) turnoff

    Overview

    Located in Graceville, Florida, the property is accessible from Bonifay via Waukesha St. (SR-79) to E. North Ave. (CR-173), continuing onto Highway 173 (CR-173), then right onto Highway 162 (CR-162), and finally left onto N. Holmes Creek Rd. The property is situated on the left side of N. Holmes Creek Rd.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Graceville
    County
    Jackson
    State
    Florida
    Longitude
    -85.595219
    Latitude
    30.878868

    Nearby Similar for Sale

    • $429,900
      1,200 SF

      Graceville Farm/Ranch with Ponds

      Productive farmland and recreational property with ponds and barn.
      Hwy 77, Graceville, FL 32440
      View Details
    • $299,900
      7,000 SF

      Turnkey Storage Facility with Expansion Potential

      Well-maintained storage facility with immediate income and expansion possibilities.
      5491 Martin Street, Graceville, FL 32440
      View Details
    • $350,000
      6,479 SF

      Graceville Commercial Opportunity

      6,479± SF vacant commercial building in central Graceville.
      5283 Brown Street, Graceville, FL 32440
      View Details
    • $239,000

      Vacant Land in Graceville, FL

      Three parcels totaling 36.06 acres in Graceville, Florida.
      5123 Elmore Road, Graceville, FL 32446
      View Details
    • $45,000

      Graceville, FL Land Opportunity

      7.02 acres of land in Graceville, Florida.
      Madison Lane, Graceville, FL 32440
      View Details
    • $15,000

      Residential Lot in Graceville, FL

      0.321-acre cleared residential lot in a quiet, established neighborhood.
      1026 Washington Avenue, Graceville, FL 32440
      View Details
    • $24,000

      Graceville Residential Lot For Sale

      0.50-acre residential lot in Graceville, Florida, ideal for new construction.
      5371 Florida Street, Graceville, FL 32440
      View Details
    • $195,000

      Unrestricted Land with Pasture

      21.71 acre property with pasture, timberland, and creek.
      0000 Peanut Road, Graceville, FL 32440
      View Details
    • $219,000

      Holmes County Fenced Land

      43.8+ acre tract with open fields and hardwoods.
      Bush Road, Graceville, FL 32440
      View Details
    • $110,000

      Manageable Acreage in Jackson County

      10-acre property ideal for building and enjoying the outdoors.
      0010 Peanut Road, Graceville, FL 32440
      View Details
    • $575,000

      163 Acres with Home

      Land with cleared acreage, ponds, and a repairable brick home.
      4980 Heisler Road, Graceville, FL 32440
      View Details
    • $43,500

      Holmes County Land Opportunity

      3.323 acres in Homestead Hollow, Holmes County.
      LOT 5 Hwy 173 Road, Graceville, FL 32440
      View Details

    FAQs

    What type of property is this?
    Land - Undeveloped land parcel located in Graceville, Florida.
    Where is this land located?
    The property is located at 0000 N Holmes Creek Road Graceville, FL.
    What is the asking price?
    The asking price for this property is $56,500.
    What are key features of this property?
    This property features: Located in Holmes County; Situated 1.7 miles from N. Holmes Creek Rd.; Accessible via Highway 162 (CR‑162)
    (850) 849-3963
    We can help!
    Listing Contact
    Kent Whitson
    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
    0000 N Holmes Creek Road, Graceville, FL 32440
    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!