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Greenhead Rd 99.9 - 575 Acre Commercial Land Lots Offered at $3,405,399 - $8,192,104 CAD Per Lot in Chipley, FL 32428

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Executive Summary

LOT: 1 This general commercial 99.9 acre corner property offers possible owner financing with a substantial down payment. The wooded flat land is fenced and has approximately 1,805 feet of frontage on 4-laned Highway 77, only about 3 miles north of Highway 20. There is approximately 2,033 feet of frontage on Greenhead Road. See ''Documents'' for survey that shows all dimensions along with other pertinent data, maps and engineer drawings. High and dry, it is the largest commercial zoned property available in Washington County. Priced at just over $24,900 per acre, this would be a wonderful investment opportunity as residential and commercial growth is going north of Panama City, which is about a 30-minute drive, or about a 35-minute drive to Pier Park in Panama City Beach, home of the World's Most Beautiful Beaches. Allowable uses are RV parks, various commercial opportunities, and light manufacturing. Highway 77 is being 4-laned to Interstate 10. County leaders want to pave Greenhead Road and add a caution light at the intersection where there is a median cut. With $1 million down, seller may finance the remainder at 6 percent interest for 15-20 year payout. See 'Documents' for more information and see additional photos. Additional adjacent and negotiable 450 acres are available for sale for a total of approximately 575 acres (see MLS 784759).

LOT 2: This 475 (+/-) acres offers owner financing zoned Agriculture. Right now it is a hunter's paradise with 4 lakes, the larges being about 30 acres with 3 docks, one of which is covered and has a covered boat lift. This is the clear lake that the house overlooks. The lake is great for fishing, swimming and kayaking. The property is full of deer, turkey and other wildlife. The house has 2 bedrooms, 2 full bathrooms, an open floor plan and a large screened-in porch for cooking, cleaning fish or enjoying the lake view. It also has a 2-car garage for tractors, four-wheelers and other equipment. All of the property is fenced in and has access just off the highway that has a median cut, and along Greenhead Road. The total acreage is from combining 7 parcels that are contiguous. Taxes shown are from the parcel that has the house on it. Click on the Documents tab to see the survey of all 7 parcels along with potential uses. The price for the 475 (+/-) acres per acre is $8,400 that includes all 7 parcels combined. The property is less than 25 minutes to Panama City International Airport, and 35 minutes to Panama City Beach. This property is close to Sunny Hills Golf Course.

LOT 1 & 2: This 575 (+/-) acres offers owner financing with a substantial down payment. The corner 99.9 acres is zoned General commercial and the remaining 475 acres is zoned Agriculture. Right now it is a hunter's paradise with 4 lakes, the larges being 30 acres with 3 docks, one of which is covered and has a covered boat lift. This is the clear lake that the house overlooks. It has 2 bedrooms, 2 full bathrooms, an open floor plan and a large screened-in porch for cooking, cleaning fish or enjoying the lake view. It also has a 2-car garage for tractors, four-wheelers and other equipment. All of the property is fenced in and has access from the highway with a median cut, and along Greenhead Road. The total acreage is from combining 8 parcels that are contiguous. Taxes shown are from the parcel that has the house on it. Click on the Documents tab to see the survey of all 8 parcels along with potential uses of the commercial 100 acres. The price for the 575 (+/-) acres per acre is $10,417 that includes all 8 parcels combined. The property is less than 25 minutes to Panama City International Airport, and 35 minutes to Panama City Beach, home of the World's Most Beautiful Beaches. This property is close to Sunny Hills Golf Course and several creeks for kayaking.

Property Facts

Price $3,405,399 - $17,066,655 CAD
Sale Type Investment
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Industrial Park
Total Lot Size 1,149.90 AC
Zoning CG - 100 acres zoned General Commercial, the remaining 475 acres zoned Agriculture.

3 Lots Available

Lot 1

Price $3,405,399 CAD
Price Per AC $34,088.08 CAD
Lot Size 99.90 AC

From Panama City, go north on Hwy 77, cross Hwy 20, continue about 3 miles and property on the southeast corner of Hwy 77 and Greenhead.

Lot 2

Price $5,469,152 CAD
Price Per AC $11,514.01 CAD
Lot Size 475.00 AC

From Panama City go north on Hwy 77, cross Hwy 20 about 3 miles, right on Greenhead Road.

Lot 1 +2

Price $8,192,104 CAD
Price Per AC $14,247.14 CAD
Lot Size 575.00 AC

From Panama City go north on Hwy 77, cross Hwy 20 in about 3 miles, and turn right on Greenhead Road.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 00000000-00-3096-0007
  • 00000000-00-3099-0002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$237,204 CAD
  • Listing ID: 39591849

  • Date on Market: 2026-02-26

  • Last Updated:

  • Address: Greenhead Rd, Chipley, FL 32428

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