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    2900 N Highway 29 Cantonment, FL 32533

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $699,000

    1.72 Acres, High Traffic, Owner Financing

    Property size:
    74,923 SF

    Description

    Added:
    Feb 14, 2025
    Days on Market:
    327
    This exceptional 1.72-acre commercial land parcel presents a remarkable investment opportunity in Cantonment, Florida. Strategically located on Highway 29, this property boasts high traffic volume, ensuring excellent visibility and accessibility for any business. The zoning is designated HC/LI; however, verification with Escambia County Planning and Zoning is recommended by the seller to confirm current zoning regulations and permitted uses. The expansive lot size offers significant development potential, making it suitable for a wide range of commercial ventures. The seller is open to exploring financing options for qualified buyers, potentially including a joint venture arrangement. Furthermore, a build-to-suit option may be considered, providing flexibility for prospective developers. This prime location, combined with the seller's willingness to collaborate on financing, makes this a truly unique and attractive opportunity for investors seeking a high-traffic, high-visibility site in a growing area. The property's address is 2900 N Highway 29, Cantonment, FL 32533. Serious inquiries are encouraged.

    Property Features for 2900 N Highway 29

    General Information

    Property type
    Other land
    Square Feet
    74,923 SF
    Price / Square Foot
    $9
    Elevators
    N/A
    Lot Size
    74,923 SF

    HighLights

    • Prime 1.72‑acre commercial land on Highway 29 in Cantonment, FL.
    • High traffic volume location ideal for various businesses.
    • Owner financing options available for qualified buyers; build‑to‑suit considered.
    Location Intelligence

    Current Use by Public Records

    Land

    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
    Cantonment
    State
    Florida
    Longitude
    -87.286192
    Latitude
    30.558716

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    FAQs

    What type of property is this?
    Land - 1.72 Acres, High Traffic, Owner Financing
    Where is this land located?
    The property is located at 2900 N Highway 29 Cantonment, FL.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Prime 1.72-acre commercial land on Highway 29 in Cantonment, FL.; High traffic volume location ideal for various businesses.; Owner financing options available for qualified buyers; build-to-suit considered.
    (850) 477-5908
    Request Owner's contact information
    2900 N Highway 29 Cantonment, FL 32533
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    Cantonment, FL 32533
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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
    2900 N Highway 29 Cantonment, FL 32533
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