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    285 Xx Hwy Niceville, FL 32578

    For Sale
    Contact for pricing

    11.3 Acres, High-Visibility Retail Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 11.3-acre parcel presents a prime commercial development opportunity in Niceville, Florida. Strategically located at the southeast corner of Highway 285 and College Boulevard, this property enjoys unparalleled visibility and accessibility, situated near the entrance to the desirable Swift Creek Community at Winding Waters Way. The current list price is $49,000 per acre annually. The property's high-traffic location makes it ideal for a variety of commercial uses. A highest and best use analysis recommends retail, office, or mixed-use development, offering significant potential for investors seeking to capitalize on the area's growth. The seller is open to subdividing the parcel, providing flexibility for various development scenarios. This is a rare chance to acquire a substantial land holding in a thriving location with strong potential for significant returns. The property's prominent position at a major intersection ensures high visibility and easy access for customers and employees. Given its size and location, this property represents a compelling investment opportunity for developers and investors alike. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering. The site's proximity to established residential areas and key transportation routes further enhances its appeal and potential for success.

    Property Features for 285 Xx Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    492,228 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Niceville
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.4537
    Latitude
    30.5024

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    FAQs

    What type of property is this?
    Commercial real estate - 11.3 Acres, High-Visibility Retail Opportunity
    Where is this commercial real estate located?
    The property is located at 285 Xx Hwy Niceville, FL.
    What is the asking price?
    The asking price for this property is $4,083.
    (850) 678-2223
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    285 Xx Hwy Niceville, FL 32578
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    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
    285 Xx Hwy Niceville, FL 32578
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