79 Tbd Hwy Vernon, FL 32462
This exceptional 2.36-acre corner lot presents a remarkable opportunity for entrepreneurs and investors alike. Strategically located on Highway 79, this property boasts significant traffic exposure, ideal for a variety of commercial ventures. Its current industrial zoning opens doors to numerous possibilities, from manufacturing and warehousing to retail and service businesses. The seller's previous plans for a craft brewery highlight the site's potential for a unique and thriving establishment. The property's prime location offers easy access to Panama City Beach, just minutes away, providing a strong connection to a vibrant tourist destination. A comprehensive survey and topographical study are available for review within the property documents, providing detailed information for potential development plans. This is a rare chance to acquire a highly visible and versatile parcel in a rapidly growing area. The asking price of $149,500 represents exceptional value for a property with such high potential. Don't miss this chance to secure your future in a thriving location. Act quickly, as opportunities like this are seldom available. The property is located at TBD Hwy 79, Vernon, FL.
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
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.