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    2116 Highway 77 Lynn Haven, FL 32444

    Sponsored
    For Sale
    $2,750,000

    High-traffic location, 16,044 SF

    Property size:
    16,044 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, located at 2116 S Highway 77 in Lynn Haven, Florida, presents a significant investment opportunity. Boasting a substantial 16,044 square feet of retail space, this single-story building sits on a generous 43,560 square foot lot. Constructed in 1984, the property is ideally situated in a high-traffic area of Lynn Haven, within Bay County, offering excellent visibility and accessibility for businesses. The asking price is $2,750,000. The property's size and location make it suitable for a variety of retail uses, providing ample space for expansion or multi-tenant occupancy. Its established presence in the community offers immediate potential for revenue generation. The property's address is 2116 S Highway 77, Lynn Haven, FL 32444. This is a rare opportunity to acquire a well-positioned retail center in a thriving Florida market. The property's substantial lot size also offers potential for future development or expansion. Serious inquiries are encouraged to explore this promising investment prospect. The property is zoned for retail use.

    Property Features for 2116 Highway 77

    General Information

    Property type
    Retail properties
    Square Feet
    16,044 SF

    Building Details

    Year Built
    1984
    Stories
    1

    HighLights

    • 16,044 SF retail building on a 43,560 SF lot in Lynn Haven, FL.
    • Located at 2116 S Highway 77, Lynn Haven, FL 32444.
    • Built in 1984, situated in a high‑traffic area with excellent visibility.
    • Asking price: $2,750,000.
    • Zoned for retail use, suitable for single or multi‑tenant occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynn Haven
    County
    Bay
    State
    Florida
    Longitude
    -85.6499005
    Latitude
    30.2257725

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, 16,044 SF
    Where is this retail property located?
    The property is located at 2116 Highway 77 Lynn Haven, FL.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: 16,044 SF retail building on a 43,560 SF lot in Lynn Haven, FL.; Located at 2116 S Highway 77, Lynn Haven, FL 32444.; Built in 1984, situated in a high-traffic area with excellent visibility.
    Request Owner's contact information
    2116 Highway 77 Lynn Haven, FL 32444
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    Lynn Haven, FL 32444
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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
    2116 Highway 77 Lynn Haven, FL 32444
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