Remarks

This unique property is a combination of commercial and residential that totals about 15.75 (+/-) acres. The total frontage of the newly completed section of 4-lane Highway 77 is approximately 550 feet for your business or businesses. The front 2 parcels facing Highway 77 is about 3.89 (+/-) acres. And part of it has a wood privacy fence around an open gravel base. The average traffic count is about 10,000 daily so it has excellent visibility and exposure. The rest of the front 2 parcels total about 3.66 (+/-) residential acres. Three of the 5 lots have waterfront on a shared lake with neighbors and can be accessed on Pine Ridge Drive behind the property. Highway 77 is designated by the state as a hurricane evacuation route and is being 4-laned all to the way to Interstate 10 in Chipley. Development has kicked into high gear in both commercial and residential properties. This package of commercial and residential properties present opportunities to be a part of the development surge. Also, multiple houses could be built on the properties off Pine Ridge Drive. A survey is available that includes all 5 parcels. The owner has begun the process of rezoning the back portions of the front 2 parcels on Highway 77 to commercial. After the rezoning the price will go up to $725,000 so investors can save money now. Owner might consider owner financing. Click on the 'Photos' tab to see all of the aerial photos. Then click on 'Details' to return to the main MLS information sheet.

Details

MLS#: 772428
Price: $499,900

Style: Commercial

County: Washington
Subdivision: [no Recorded Subdiv]

School Elementary: Vernon Elementary
School Middle: Vernon
School High: Vernon