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2476 Hwy 231 Hwy - Permitted for a RV Park 44 Acres of Commercial Land Offered at $6,221,250 CAD in Alford, FL 32420

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INVESTMENT HIGHLIGHTS

  • On a very busy Highway that goes to Panama City, Florida
  • Currently Under Construction

EXECUTIVE SUMMARY

This 44-acre property offers a prime investment opportunity in a rapidly developing area. Located just 4 miles south of the intersection of Interstate 10 and Highway 231, the main route to Panama City Beach, this land is strategically positioned for future growth. The property is fully permitted (300-400 lots) and already equipped with city water and sewer connections.
The City of Alford is in the final stages of a $13.9 million wastewater improvement project, which includes the construction of a new gravity sewer collection and transmission system. This significant infrastructure upgrade is expected to be completed in the coming months, paving the way for the development of this park.
Construction of the park is scheduled to begin soon, with an anticipated completion date of October 2025. Investors have the flexibility to purchase the property at any stage of the development process, allowing for various entry points and potential returns.
Situated just 42 miles from Panama City and its renowned Gulf Coast beaches, this property combines the advantages of a strategic inland location with proximity to popular coastal attractions. The development potential is further enhanced by the ongoing infrastructure improvements and the area's growing appeal to both residents and tourists.

PROPERTY FACTS

Price $6,221,250 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Multifamily
  • Distribution
  • Manufactured Homes or Mobile Home Park
  • Single Family Development
  • Warehouse
Total Lot Size 44.00 AC
No. Stories 1
Zoning RV Park - RV Park

1 LOT AVAILABLE

Lot

Price $6,221,250 CAD
Price Per AC $141,392.05 CAD
Lot Size 44.00 AC

Permitted for a RV Park with city water and city sewer. Lots of great things for the developer to receive from the city. Conceptual design shows 80 to 100 lots. We have paid for a wetland delineation and there maybe 2 or 3 acres of wetlands.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
36-4N-12-0000-0080-0000
Land Assessment
$67,387 CAD
Improvements Assessment
$1,685 CAD
Total Assessment
$69,072 CAD
  • Listing ID: 34311390

  • Date on Market: 2024-12-28

  • Last Updated:

  • Address: 2476 Hwy 231 Hwy, Alford, FL 32420

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