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Property profile & analytics
OFF-MARKET
Land

6384 Hwy Bells Mill, FL 32428

Property ID
Property summary
AI-generated overview

This exceptional 67.2-acre vacant land parcel, located at 6384 Highway 77 in Chipley, Florida (zip code 32428), presents a remarkable investment opportunity. The property encompasses a substantial 2,957,724 square feet and boasts a picturesque 22-acre natural pond. Its strategic location, just two miles north of Highway 20, offers convenient access to Bay County, Chipley, and Interstate-10, making it highly versatile. The land features varying elevations, creating unique development possibilities and enhancing views. Approximately 45 acres are buildable, excluding the natural pond, suitable for a variety of projects. Potential uses include a luxury RV park or residential development, with the potential for approximately 90 half-acre homesites or numerous smaller lots or RV pads. The property's highway frontage along the Highway 77 corridor provides excellent visibility and accessibility. This is a rare opportunity to acquire a significant tract of land with exceptional potential in a desirable location. The asking price is $1,895,000.

Property profile
Verified
Property type Land
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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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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