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    7401/7415 Highway 77 Southport, FL 32409

    For Sale
    $745,000

    2+ Acres, High Traffic, C3 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 87,120 square foot commercial land parcel presents a compelling investment opportunity in Southport, Florida. Located at 7401/7415 Highway 77, this property boasts high visibility and accessibility, situated directly off Highway 77 with frontage on Fulton Road as well. The site benefits from an average daily traffic count of approximately 29,000 vehicles, with 7,400 turning directly in front at the median break, ensuring significant exposure for any commercial venture. Comprising two parcels, this approximately two-acre site is zoned C3, offering flexibility for a variety of development projects. Its location in a rapidly developing area of Bay County, Florida, positions it for substantial future growth and appreciation, making it an ideal choice for investors seeking exposure to a thriving market. The property's prime location, along with its size and zoning, makes it well-suited for a wide range of commercial uses. This is a rare opportunity to acquire a strategically located commercial property in a high-growth area of Florida. The zip code is 32409.

    Property Features for 7401/7415 Highway 77

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Southport
    County
    Bay
    State
    Florida
    Longitude
    -85.636092
    Latitude
    30.283673

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    FAQs

    What type of property is this?
    Land - 2+ Acres, High Traffic, C3 Zoning
    Where is this land located?
    The property is located at 7401/7415 Highway 77 Southport, FL.
    What is the asking price?
    The asking price for this property is $745,000.
    Request Owner's contact information
    7401/7415 Highway 77 Southport, FL 32409
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    Southport, FL 32409
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    Realmo Value Estimation

    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.

    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.

    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
    7401/7415 Highway 77 Southport, FL 32409
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