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Highway 77 Commercial Opportunity

5728 Highway 77 #B, Chipley, FL 32428

For Sale
$84,900

1.38 acre commercial lot with multiple garages/workshops.

Property SizeContact for details
Lot Size1.38 Acres
Days on Market267

Property Features for 5728 Highway 77 #B

General Information

Standard status Active
Lot size 1.38 Acres
Property subtype Land or Vacant Lot
Listing Agency: RIGHT NOW! REAL ESTATE
Listed By: KRISTI BASINGER · License FL B7319
Source: Corcoran
Added: Feb 19 Changed: Nov 10 Last Checked: Nov 12 at 8:10AM

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 RIGHT NOW! REAL ESTATE

Rey
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Investment Insights

Based on property information with market context.

Located in Northwest Florida, this 1.38-acre lot presents a commercial opportunity with easy access to I-10, Chipley, Northwest Florida International Airport, Panama City, and Panama City Beach. Situated in Greenhead, across from Rainbow Food Store, the property is suitable for building a business or restaurant. Highway 77 has been expanded to four lanes from I-10 to Bay County. The property includes two large two-car garages with garage doors and a four-car garage/workshop in the back. The current mobile home on the property is not suitable for living and will need to be removed.

Key Highlights

  • 1.38 acre lot suitable for building a business.
  • Potential for commercial conversion for approximately $1000-$1500.
  • Excellent location in Greenhead, across from Rainbow Food Store.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Hair Salon Nail Salon Spa & Massage Center

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

15
Businesses Nearby

Demographics for 32428, FL

17,946
Population
7,475
Households
2.4
Avg Household Size
42
Median Age
13%
College-Educated
83%
High-School Grad
285.9 sq mi
ZIP Area
63
Density / Sq Mi
$52,234
Median Household Income
$34,395
Median Earnings
$896
Median Rent
$157,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Chipley

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - 1.38 acre commercial lot with multiple garages/workshops.
Where is this commercial land located?
The property is located at 5728 Highway 77 #B Chipley, FL.
What is the asking price?
The asking price for this property is $84,900.
What are key features of this property?
This property features: 1.38 acre lot suitable for building a business.; Potential for commercial conversion for approximately $1000-$1500.; Excellent location in Greenhead, across from Rainbow Food Store.
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