6384 Hwy, Bells Mill, FL 32428
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.