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    6991 Hwy Navarre, FL 32566

    For Sale
    $595,000

    Prime 1.15-acre commercial lot in Navarre, FL.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 1.15-acre commercial lot, located at 6991 Hwy 98 in Navarre, Florida, presents a unique investment opportunity. The property's prime location on Highway 98 offers excellent visibility and accessibility, making it ideal for a wide range of commercial ventures. The expansive 1.15 acres provide ample space for development, allowing for significant flexibility in design and construction. This versatile parcel is zoned for general commercial use, opening doors to numerous possibilities, from retail establishments and restaurants to office spaces and service businesses. The property's strategic location within the thriving Navarre community ensures high traffic volume and strong potential for attracting customers and clients. Given its size and location, this property represents a rare chance to establish a successful business in a high-demand area. The asking price of $595,000 reflects the significant value and potential return on investment this property offers. Serious inquiries are encouraged to explore the possibilities and secure this exceptional commercial land opportunity. Further details regarding zoning regulations and development possibilities are readily available upon request. Don't miss this chance to acquire a prime commercial property in a rapidly growing market. Act quickly, as opportunities like this are seldom available.

    Property Features for 6991 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    50,094 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Navarre
    County
    Santa Rosa
    State
    Florida
    Longitude
    -86.8823
    Latitude
    30.4148

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 1.15-acre commercial lot in Navarre, FL.
    Where is this commercial real estate located?
    The property is located at 6991 Hwy Navarre, FL.
    What is the asking price?
    The asking price for this property is $595,000.
    (850) 939-1099
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    6991 Hwy 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
    6991 Hwy Navarre, FL 32566
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