Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4 Unit 1.5Ac Baker, FL 32531

    For Sale
    $425,000

    1.5-Acre Parcel, Highway 4 Access

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 1.5-acre commercial property in Baker, Florida, presents a unique investment opportunity. Located on Highway 4, this C-3 zoned land boasts a newly established 20-year billboard ground lease, generating immediate potential revenue. The property shares convenient access with a recently constructed Cefco convenience store and an office building, ensuring high visibility and foot traffic. The strategic location offers easy access to major transportation arteries, including Highway 90, I-10, and Highway 85, providing excellent connectivity for businesses and customers. Baker itself is experiencing significant growth, with numerous ongoing commercial and residential developments underway, indicating a strong and expanding market. This makes this parcel ideally suited for a variety of commercial ventures, capitalizing on the area's burgeoning economic activity and prime location. The property's zoning allows for diverse commercial uses, providing flexibility for potential buyers. This is a rare chance to acquire a well-situated, income-producing asset in a rapidly developing area of Florida. The existing infrastructure and shared access points further enhance the property's appeal and potential for immediate development or lease. Don't miss this opportunity to secure a piece of Baker's thriving commercial landscape.

    Property Features for 4 Unit 1.5Ac

    General Information

    Property type
    Other commercial real estate
    Lot Size
    65,340 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Baker
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.63738
    Latitude
    30.75096

    Nearby Comparable

    • $1,032,000

      Vacant Land Parcels For Sale

      Multiple vacant land parcels totaling over 1,171 acres for sale.
      4235 Us 90, Crestview, FL
      View Details
    • $14,069,880

      Crestview Commercial Land Opportunity

      Prime commercial land for development in rapidly growing Crestview market.
      Hwy 85 & Airport Rd, Crestview, FL
      View Details
    • $2,500,000

      Land on US-90 Frontage

      Land with frontage on US-90 near residential developments.
      3742 Us 90, Crestview, FL
      View Details

    Nearby Similar for Sale

    • $609,997

      Equestrian Property with Home and Barn

      17.44 acres with home, barn, and business potential.
      1318 John Riley Barnhill Rd, Baker, FL 32531
      View Details
    • $997,000

      Equestrian Property with Brick Home

      24-acre horse property with fenced pastures and brick home.
      6263 Old River Rd, Baker, FL 32531
      View Details
    • $464,900

      Baker Countryside Homestead on Acres

      14.6-acre Baker homestead with spacious home and livestock structures.
      190 Peaden Bridge Rd, Baker, FL 32531
      View Details
    • $740,000

      Income-Producing Farm with Two Homes

      12.5-acre income-producing farm featuring two homes and multiple structures.
      6249 Highway 4, Baker, FL 32531
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 1.5-Acre Parcel, Highway 4 Access
    Where is this commercial real estate located?
    The property is located at 4 Unit 1.5Ac Baker, FL.
    What is the asking price?
    The asking price for this property is $425,000.
    (850) 243-0007
    Request Owner's contact information
    4 Unit 1.5Ac Baker, FL 32531
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4 Unit 1.5Ac
    Baker, FL 32531
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4 Unit 1.5Ac Baker, FL 32531
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.