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    00 Chipola Park Rd Wewahitchka, FL 32449

    For Sale
    $200,000

    Prime Development Land, High ROI Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 10-acre parcel in Kinard, Florida, presents a unique investment opportunity. Located in Calhoun County, near the Chipola River and its boat ramp, this property boasts excellent visibility and accessibility. Recently approved zoning allows for one residence per acre, maximizing development potential for up to ten homes. The property's 448,668 square foot lot size offers ample space for various development projects. Its strategic location near Panama City Beach and the Gulf of Mexico ensures strong potential for appreciation and rental income. The area offers abundant recreational opportunities, including access to the Chipola River's 100 miles of waterways fed by 63 freshwater springs, perfect for water and nature enthusiasts. Beyond residential development, the fertile soil and favorable climate also present agricultural possibilities. The proximity to major destinations like Panama City Beach, Mexico Beach, and Apalachicola further enhances the property's investment appeal. This is an ideal opportunity for investors seeking strategic growth in a scenic, high-quality-of-life community with a business-friendly environment. The asking price for this remarkable property is $200,000.

    Property Features for 00 Chipola Park Rd

    General Information

    Property type
    Specialty properties

    HighLights

    • 10‑acre parcel in Kinard, Florida, Calhoun County.
    • Recently approved zoning for up to ten residential lots (one per acre).
    • 448,668 square foot lot with excellent visibility and accessibility near the Chipola River boat ramp.
    • Strong potential for appreciation and rental income due to proximity to Panama City Beach and the Gulf of Mexico.
    • Asking price: $200,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Hotel & Motel Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Wewahitchka
    County
    Calhoun
    State
    Florida
    Longitude
    -85.2005202
    Latitude
    30.2270105

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    FAQs

    What type of property is this?
    Specialty property - Prime Development Land, High ROI Potential
    Where is this specialty property located?
    The property is located at 00 Chipola Park Rd Wewahitchka, FL.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: 10-acre parcel in Kinard, Florida, Calhoun County.; Recently approved zoning for up to ten residential lots (one per acre).; 448,668 square foot lot with excellent visibility and accessibility near the Chipola River boat ramp.
    Request Owner's contact information
    00 Chipola Park Rd Wewahitchka, FL 32449
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    Wewahitchka, FL 32449
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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
    00 Chipola Park Rd Wewahitchka, FL 32449
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