Property profile

2531 Hwy 71 Wewahitchka, FL 32465

OFF-MARKET
Turn key restaurants
Property ID
US18-3456316
3,487 SF 0.9 ac lot Built 2000
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving 3,487 square foot apartment building situated on a 0.9-acre lot at 2531 Hwy 71 S in Wewahitchka, Florida. Priced at $239,000, this turn-key property boasts a prime location in the heart of Wewahitchka, ensuring high visibility and accessibility. The building's substantial size offers ample indoor and outdoor space, presenting a multitude of possibilities for expansion and diversification. Its established presence as a community staple speaks to its strong potential for continued success and profitability. The property's strategic placement on Hwy 71 guarantees significant foot traffic and convenient access for residents and patrons. This is an ideal opportunity for an investor seeking a well-established business with significant growth potential in a desirable location. The existing infrastructure provides a solid foundation for immediate returns, while the expansive space allows for creative expansion and adaptation to meet evolving market demands. Don't miss this chance to acquire a piece of Wewahitchka's vibrant commercial landscape. This property offers a unique blend of established success and untapped potential, making it an exceptional investment opportunity. The ample space and prime location ensure a strong return on investment for the discerning buyer.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2000
Construction FRAME
Total area 3,487 SF
Lot 0.9 ac (39,204 SF)
Zoning code C1
APN 02600-000R
UPID US18-3456316

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2531 Hwy 71 Wewahitchka, FL 32465-8631
Wewahitchka metro Census 960102
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$90k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$70k

Owner & transaction history

since 2025
Last sale
$80,500
4 recorded transactions
2025
$55,000
2022
$80,500
2017
Price N/A
2011
Price N/A

Zoning & alternative use

C1 · Wewahitchka, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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