Listing Agency: CBRE - Northwest FL

Listed By: Sam Herrera · License #SL3525115 Show Phone

Source: Cbre

Added: Oct 4 Changed: Oct 10 Last Checked: Oct 16 at 6:46AM

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Investment Insights

Based on property information with market context.

This 50-acre industrial land offering has an estimated 1.8 million square feet of buildable capacity. Site access is deeded, and the property has approximately three-quarter-mile frontage on US 231.

CSX rail service is less than one mile away, and the Port of Panama City is 44 miles from the site. NRCS soil ratings identify 91.2% of the property as “Not Limited,” supporting heavy outdoor storage and laydown uses.

Key Highlights

• 50 acres with estimated 1.8 million square feet of buildable capacity
• Approximately three quarter mile of direct US 231 frontage
• Deeded site access

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Grocery & Convenience Store Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

1

Businesses Nearby

Explore this area Business Placement

Demographics for 32420, FL

2,289

Population

1,540

Households

1.5

Avg Household Size

48

Median Age

10%

College-Educated

83%

High-School Grad

53.0 sq mi

ZIP Area

43

Density / Sq Mi

$46,455

Median Household Income

$43,183

Median Earnings

$775

Median Rent

$118,800

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Frequently Asked Questions

What type of property is this?

Industrial land - Deeded access and proximity to CSX rail service support freight-oriented site operations.

Where is this industrial land located?

The property is located at County Line Rd & US-231 Alford, FL.

What are key features of this property?

This property features: 50 acres with estimated 1.8 million square feet of buildable capacity; Approximately three quarter mile of direct US 231 frontage; Deeded site access