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Highway 29 Commercial Land Opportunity
For Sale
$1,950,000

389 S Hwy 29, Cantonment, FL 32533

21.3 AC Land For Sale Fronting on Hwy 29

Property Size934,856 SF
Lot Size21.46 Acres
Price / SF$2.09
Days on Market589

Property Features for 389 S Hwy 29

General Information

Standard status Active
Property type Other land, Commercial land, Industrial land, Land
Size 934,856 SF
Elevators N/A
Lot size 21.46 Acres
Listed By: Paul Salter
Added: Mar 11, 2025 Changed: Mar 16
Rey
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Investment Insights

Based on property information with market context.

This 21.46-acre commercial property is located at the northwest corner of Highway 29 and Tate Road in Cantonment, Florida. The property features over 250 feet of frontage on Highway 29 and dimensions of approximately 250 feet along Highway 29, approximately 725 feet along Tate Road, and additional sides measuring approximately 858 feet, 846 feet, and 1,393 feet. The land is free of wetlands, according to a topographical survey. A 2,271 square foot home in good condition is located on the property and could be used as office space or removed. The property abuts the International Paper Mill, providing visibility and accessibility. It also backs up to a railroad line. An adjacent 11.9-acre parcel is available for purchase.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Restaurant Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby

Demographics for 32533, FL

30,517
Population
12,035
Households
2.5
Avg Household Size
43
Median Age
28%
College-Educated
93%
High-School Grad
77.2 sq mi
ZIP Area
395
Density / Sq Mi
$85,459
Median Household Income
$44,110
Median Earnings
$1,021
Median Rent
$262,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Land - 21.3 AC Land For Sale Fronting on Hwy 29
Where is this land located?
The property is located at 389 S Hwy 29 Cantonment, FL.
What is the asking price?
The asking price for this property is $1,950,000.
More about this property
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