Listing Agency: World Impact Real Estate F***@gmail.com Show Phone

Listed By: Matthew Finch · License #FL SL3495634

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Aug 11 at 2:06PM

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Investment Insights

Based on property information with market context.

Located in the heart of Vernon, Florida, this property is situated on Main Street, a primary tourist route leading to Panama City Beach. The site features a structure that formerly operated as a popular restaurant. While the existing building has sustained damage over time and is not currently usable, a stove and fryer are included with the property. The Annual Average Daily Traffic count is 5900. The seller is willing to assist with demolition of the existing building with a full price offer, should the buyer desire. The property is located on Hwy 79, a four-lane road.

Key Highlights

• Prime location on Hwy 79, a main tourist route to Panama City Beach, in the heart of Vernon.
• High traffic count of 5900 AADT from FDOT.
• Includes a structure that was previously a popular restaurant.

Property Analytics

Property Profile

Current Use

Michelle Cook Notary Law Firm

Suggested Use

Top Pick Storage Facility Pharmacy Building Supply Cafe & Coffee Shop Barber Shop Nail Salon

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

7

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 32462, FL

3,473

Population

1,645

Households

2.1

Avg Household Size

47

Median Age

12%

College-Educated

79%

High-School Grad

154.0 sq mi

ZIP Area

23

Density / Sq Mi

$43,581

Median Household Income

$33,250

Median Earnings

$814

Median Rent

$174,600

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

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Frequently Asked Questions

What type of property is this?

Restaurant - Restaurant property on a main tourist route in Vernon, Florida.

Where is this restaurant located?

The property is located at 3073 Main Street Vernon, FL.

What are key features of this property?

This property features: Prime location on Hwy 79, a main tourist route to Panama City Beach, in the heart of Vernon.; High traffic count of 5900 AADT from FDOT.; Includes a structure that was previously a popular restaurant.