13919 Highway 77 Southport, FL 32409
- Turn key restaurants
- 4,814 SF
- 1.24 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 13919 Highway 77
- Year built
- 2001
- Construction
- STEEL FRAME
- Lot size
- 1.24 lot acres
- Property size
- 4,814 SF
- Zone code
- BC05
- Property type
- Turn key restaurants
- APN
- 26436-010-110
- APU
- 26436010110
Description
This exceptional commercial property, located at 13919 Hwy 77 in Southport, Florida, presents a significant investment opportunity. The property boasts a substantial 4,814 square feet of space within a durable metal/steel building constructed in 2001. Situated on a generous 1.24-acre lot (54,014.4 sq ft), this location benefits from exceptional visibility and accessibility on Hwy 77. The high-traffic area sees over 15,000 vehicles daily, a number that continues to increase yearly, ensuring significant exposure for any business. This presents a rare chance to capitalize on the robust commercial growth experienced in North Bay County, attracting new businesses and residents. The property's strategic location and substantial size make it ideal for a variety of commercial uses. The asking price for this prime commercial real estate is $800,000. This is a turnkey opportunity to establish or expand a business in a thriving area. Don't miss this chance to own a piece of Southport's burgeoning commercial landscape. The property is zoned for commercial use in Bay County, Florida, zip code 32409.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $220,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $185,000
- 6.5%
- $170,000
- 7%
- $170,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $160,000
- Geo Method
- $175,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $185,000
- Retail
- $190,000
- Mixed-Use
- $205,000
- Hospitality
- $195,000
- Educational
- $220,000
- Residential Income
- $195,000
- Energy
- $165,000
- Income-Based Land
- $160,000
- Food Service
- $165,000
Location Insight
- Map
- Local Demand
- City
- Southport
- County
- Bay
- State
- Florida
- Longitude
- -85.6905
- Latitude
- 30.4033
- CBSA code
- 37460
- CBSA name
- PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA