12724 Highway 231 Youngstown, FL 32466
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
BC03 · Youngstown, FLCosts & 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.