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Property profile & analytics
OFF-MARKET
Specialty properties

00 Chipola Park Rd Wewahitchka, FL 32449

Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Specialty properties
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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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