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    00 John Sims Pkwy Niceville, FL 32578

    For Sale
    Contact for pricing

    High-traffic location, ground lease available.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 1.57-acre commercial property presents a remarkable investment opportunity situated on John Sims Parkway in Niceville, Florida. Boasting a prime location on a major thoroughfare, this land benefits from an impressive 42,000 average annual daily traffic (AADT), ensuring high visibility and accessibility for any business. The property is offered as a ground lease, providing a unique and potentially cost-effective entry point into the thriving Niceville commercial market. The annual ground lease price is $99,000. This presents a chance to develop a wide range of commercial ventures, capitalizing on the significant foot and vehicle traffic. The property's size and location make it ideal for a variety of uses, from retail establishments and restaurants to professional offices or other commercial developments. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering in a high-demand area. The property's address is 00 John Sims Parkway, Niceville, FL. The asking price for the ground lease is $99,000 annually. This is a rare opportunity to secure a prominent location in a growing market. Further details are available upon request.

    Property Features for 00 John Sims Pkwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    68,389 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Niceville
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.49361
    Latitude
    30.52214

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, ground lease available.
    Where is this commercial real estate located?
    The property is located at 00 John Sims Pkwy Niceville, FL.
    What is the asking price?
    The asking price for this property is $8,250.
    (850) 678-2223
    Request Owner's contact information
    00 John Sims Pkwy Niceville, FL 32578
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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
    00 John Sims Pkwy Niceville, FL 32578
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