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    3761 Highway 87 Navarre, FL 32566

    For Sale
    $225,000

    0.6-acre commercial lot, prime Navarre location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 0.6-acre commercial lot presents a remarkable investment opportunity in the thriving Navarre, Florida market. Located at 3761 Hwy 87, this property boasts high visibility and accessibility, making it ideal for a wide range of commercial ventures. The expansive 0.6-acre parcel offers ample space for development, allowing for significant flexibility in design and construction. Its strategic location along Highway 87 ensures substantial exposure to a high volume of daily traffic, providing unparalleled potential for attracting customers and maximizing business visibility. The property's zoning (which should be independently verified) will dictate the permissible uses, but the size and location suggest a variety of possibilities, from retail establishments and restaurants to professional offices and light industrial uses. This is a rare chance to acquire a well-situated commercial lot in a rapidly growing area. The asking price of $225,000 represents a compelling value for investors seeking to capitalize on the robust economic growth and increasing demand for commercial space in Navarre. Serious inquiries are encouraged to explore the full potential of this prime commercial property. Further due diligence, including verification of zoning and permitted uses, is recommended. Don't miss this opportunity to secure a piece of Navarre's vibrant commercial landscape.

    Property Features for 3761 Highway 87

    General Information

    Property type
    Other commercial real estate
    Lot Size
    26,136 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Building Supply Spa & Massage Hotel & Motel Department Store Food Market Grocery Store Convenience Store Pawn Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Navarre
    County
    Santa Rosa
    State
    Florida
    Longitude
    -86.89678
    Latitude
    30.44654

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    FAQs

    What type of property is this?
    Commercial real estate - 0.6-acre commercial lot, prime Navarre location.
    Where is this commercial real estate located?
    The property is located at 3761 Highway 87 Navarre, FL.
    What is the asking price?
    The asking price for this property is $225,000.
    (850) 939-2366
    Request Owner's contact information
    3761 Highway 87 Navarre, FL 32566
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    Navarre, FL 32566
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    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
    3761 Highway 87 Navarre, FL 32566
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