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Property profile & analytics
FOR SALE
Commercial land

12724 Highway 231 Youngstown, FL 32466

384 SF 2.96 ac lot Built 1958
Individually Owned 4-yr Hold Free & Clear
Property ID
US18-5218800
Property summary
AI-generated overview

This exceptional 128,938 sq ft commercial property in Youngstown, Florida, is ideally situated on Highway 231, ensuring high visibility and accessibility for any business. The asking price is $115,000. Its strategic location makes it perfect for a variety of commercial ventures, including retail shops and restaurants. A significant advantage is the railroad line directly adjacent to the property, opening possibilities for businesses requiring rail access. Furthermore, the property is zoned for industrial use, presenting further development opportunities. All essential utilities are readily available on-site. A unique selling point is the seller's offer of a "build-to-suit" option, allowing for customized construction outside of the purchase price. A contractor/owner is available to facilitate the permitting process and ensure qualified commercial construction. The sale also includes three 40-foot steel shipping containers, adding immediate value and potential uses. This property presents a rare opportunity to acquire a versatile commercial site with significant potential for growth and development in a high-traffic area. The property is located at 12724 Highway 231, Youngstown, FL 32466, in Bay County.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1958
Total area 384 SF
Lot 2.96 ac (128,938 SF)
Zoning code BC03
APN 03528-000-000
UPID US18-5218800
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Gino Anthony Giardhia · 4 yrs held
Gino Anthony Giardhia
since 2021
Last sale
$72,000
7 recorded transactions
2021
$72,000
2012
Price N/A
2010
$90,000
2006
Price N/A
2005
$200,000
2002
$260,000
1999
$20,000
Zoning & alternative use
BC03 · Youngstown, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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