1716 Davis Peacock Rd Wewahitchka, FL 32449
This exceptional 10-acre parcel, located at 1716 SE Davis Peacock Road, Kinard, Florida 32449, presents a unique investment opportunity for developers and discerning buyers. Boasting a sizable 443,876 square foot lot, this property is situated in Calhoun County, near the scenic Chipola River, offering unparalleled access to nearly 100 miles of waterways fed by 63 freshwater springs. Recently approved zoning changes allow for one residence per acre, unlocking significant development potential – up to ten homes on this single parcel. The property's proximity to the Chipola River boat ramp ensures excellent visibility and accessibility. Its strategic location near Panama City Beach and the Gulf of Mexico provides strong potential for appreciation and rental income. Beyond residential development, the fertile soil and favorable climate offer agricultural possibilities. The area is also ideal for outdoor enthusiasts, with opportunities for hiking, biking, fishing, hunting, and wildlife viewing. This property represents a rare chance to capitalize on the growth and natural beauty of Northwest Florida. The asking price is $95,000. Additional parcels are available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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