Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Us Highway 27 Perry, FL 32348

    • Land
    • 156.16 lot acres
    For Sale
    View listing
    $349,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Us Highway 27

    Lot size
    156.16 lot acres
    Property type
    Land

    Description

    This exceptional 156.16-acre property boasts an unparalleled location directly on US Highway 27 in Taylor County, Florida. The parcel offers approximately 1,430 feet of direct highway frontage, providing exceptional visibility for any development. With an average annual daily traffic count of 3,400 vehicles on US Hwy 27 (2022 FDOT data), this land presents a significant opportunity. Situated roughly 14 miles east of Perry and 14 miles west of Mayo, the property enjoys convenient access to Interstate 10, a major transportation artery connecting northern Florida to Alabama and other key cities. Zoned Agriculture-1, the property's permitted uses include residential development, public service/utility installations, outdoor recreational facilities, and mining. The residential density is one unit per 20 acres, ideal for creating a community of large-lot single-family homes. The property's APN is 09104000. This is a rare opportunity to acquire a substantial land holding with significant development potential in a desirable Florida location. The asking price for this expansive parcel is $349,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Perry
    County
    Taylor
    State
    Florida
    Longitude
    -83.4818
    Latitude
    30.0965

    Comparable in this City

    • Value Estimation by Request
      2.45 Acres

      Tbd Ocean Pond Dr

      Land • 2.45 Acres
      0 Tbd Ocean Pond Dr, Perry, FL 32348
      View Details
    • Value Estimation by Request
      0.11 Acres

      21160 Keaton Beach Dr

      Land • 0.11 Acres
      21160 Keaton Beach Dr, Perry, FL 32348
      View Details
    • Value Estimation by Request
      1.05 Acres

      18980 Beach Rd

      Land • 1.05 Acres
      18980 Beach Rd, Perry, FL 32348
      View Details
    • Value Estimation by Request

      Keaton Beach

      Land Available for lease
      21160 Keaton Beach Dr | Perry, FL 32348, Perry, FL 32348
      View Details
    • Value Estimation by Request
      624 SF

      104 Hubba St

      APARTMENT HOUSE (5+ UNITS) • 624 SF
      104 Hubba St, Perry, FL 32348-5707
      View Details
    • Value Estimation by Request
      1,412 SF

      1101 Ctr St

      APARTMENT HOUSE (5+ UNITS) • 1,412 SF
      1101 Ctr St, Perry, FL 32348-4803
      View Details

    Similar Nearby for Sale

    • $349,000
      156.16 Acres

      US Hwy 27 Florida Land

      156 Acres, Hwy 27 Frontage, Residential Potential
      0 Us Highway 27, Perry, FL 32348
      View Details
    • $340,000
      0.11 Acres

      Keaton Beach Oceanfront Lot

      Prime .11-acre oceanfront land
      21160 Keaton Beach Dr, Perry, FL 32348
      View Details
    • $199,000

      Land For Sale

      Land available for purchase.
      00 Key Deer Ct, Perry, FL 32348
      View Details
    • $89,000
      0.11 Acres

      Waterfront Lot on Ezell Beach

      0.11-acre Gulf waterfront lot near Keaton Beach, Florida.
      1836 Ezell Beach Rd, Perry, FL 32348
      View Details
    • $65,000
      1.00 Acre

      Perry, FL Vacant Land Parcel

      1-acre lot near Keaton Beach, ideal for recreation or homesite.
      Perry, FL 32348
      View Details
    • $79,000
      1.05 Acres

      Prime Perry Commercial Land

      1.05 Acres, City Utilities, RV Friendly
      18980 Beach Rd, Perry, FL 32348
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Us Highway 27
    Perry, FL 32348
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!