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Property profile & analytics
OFF-MARKET
Commercial land

501 Brit Pond Rd Southport, FL 32409-2592

3.53 ac lot
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US18-7500768
Property summary
AI-generated overview

This exceptional 174,240 sq ft commercial lot in Southport, Florida (32409), is ideally situated near the intersection of Highway 77 North and Highway 20, boasting high daily traffic counts and excellent visibility. The property offers highway frontage and picturesque lake views. Zoned commercial, it presents a multitude of development opportunities, including convenience stores, gas stations, storage facilities, RV parking, car washes, grocery stores, apartments, or residential homes. Its proximity to Dean Bozeman High School and other amenities adds to its appeal. The seller is willing to divide the property into parcels of approximately 2 acres, each priced at $475,000. Owner financing may be available. The property connects to Brit Pond, offering additional recreational potential. Buyers are advised to independently verify zoning and property dimensions with Bay County. This is a prime opportunity for investors seeking high-growth potential in a booming area. The asking price for the entire 174,240 sq ft parcel is $885,000.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 3.53 ac (153,767 SF)
Zoning code BC16
APN 26436-015-120
UPID US18-7500768
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Tammy D Cherry · 2 yrs held
Tammy D Cherry
since 2024
Last sale
$325,000
3 recorded transactions
2024
$325,000
2022
$195,000
2008
$162,500
Zoning & alternative use
BC16 · Southport, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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