00 Chipola Park Rd Wewahitchka, FL 32449
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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