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Property profile & analytics
OFF-MARKET
Retail space

1523 Hwy 22 Wewahitchka, FL 32465-3220

1,846 SF 3.54 ac lot Built 1970
Individually Owned 5-yr Hold Free & Clear
Property ID
US18-3264566
Property summary
AI-generated overview

This exceptional 1.34-acre commercial property presents a remarkable opportunity for entrepreneurs seeking high visibility and convenient access. Strategically located on Highway 22 in Wewahitchka, Florida, this lot boasts optimal exposure to a significant volume of daily traffic, ensuring maximum brand awareness and customer reach. The flexible zoning regulations permit a diverse range of business ventures, providing flexibility for various commercial applications. Imagine establishing your dream business in this prime location, capitalizing on the high traffic count and excellent visibility. The property's size allows for ample space for building construction, parking, and potential future expansion. Further enhancing its appeal, an additional 2.20 acres of land is available across Highway 22, offering the potential for significant expansion or complementary business development. This presents a unique chance to acquire a substantial commercial footprint in a thriving area. The asking price of $250,000 represents an attractive investment in a high-demand location with significant growth potential. Don't miss this chance to secure a prime commercial property in a desirable location. Contact us today to learn more and schedule a viewing.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1970
Construction CONCRETE BLOCKS
Total area 1,846 SF
Lot 3.54 ac (154,202 SF)
APN 01779-000R
UPID US18-3264566
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Kertrina T Wright · 5 yrs held
Kertrina T Wright
since 2021
1 recorded transaction
2021
$22,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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