Listing Agency: Jim Roberts Realty Inc r***@gmail.com Show Phone

Listed By: Robby M Roberts · License #bk569348 Show Phone

Source: Exprealty

Added: Jan 26 Changed: Oct 25 Last Checked: Jul 27 at 2:51AM

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Investment Insights

Based on property information with market context.

This property features 32.88 acres of land situated just a quarter mile north of Interstate 10 on Highway 231. The location benefits from high traffic volume, with I-10 recording 22,000 vehicles per day and Highway 231 seeing 12,000 vehicles daily, a number that is increasing due to the new Bay County International Airport. The property boasts 1,350 feet of frontage on Highway 231, cornering with Barber Road and offering an additional 1,181 feet of frontage. A pump station is located on the southwest corner, and county water adjoins the property. This site is suitable for a variety of commercial developments, including an RV park, strip center, mall, hotel, or golf course.

Key Highlights

• High traffic location on Hwy 231 (12,000 VPD) and near I‑10 (22,000 VPD).
• Development potential for RV Park, Strip Center, Mall, Hotel, Golf Course, etc.
• Sizeable acreage: 32.88 +/- acres of land.

Property Analytics

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Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Bakery Grocery & Convenience Store Food Market Mobile Phone Store Wine and Liquor Store Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

12

Businesses Nearby

2k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 100%

SUBWAY Dining

2,168 visits/mo 0.3 miles

Demographics for 32431, FL

4,981

Population

2,392

Households

2.1

Avg Household Size

42

Median Age

16%

College-Educated

90%

High-School Grad

105.8 sq mi

ZIP Area

47

Density / Sq Mi

$52,270

Median Household Income

$35,778

Median Earnings

$1,108

Median Rent

$152,200

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Frequently Asked Questions

What type of property is this?

Commercial land - 32.88 acres near I-10, suitable for various commercial ventures.

Where is this commercial land located?

The property is located at 2730 Highway 231 Cottondale, FL.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: High traffic location on Hwy 231 (12,000 VPD) and near I‑10 (22,000 VPD).; Development potential for RV Park, Strip Center, Mall, Hotel, Golf Course, etc.; Sizeable acreage: 32.88 +/- acres of land.