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    Highway 85 N Niceville, FL 32578

    For Lease
    $82,810

    1.69 acres, ideal for various uses. Excellent location.

    Lot size:
    73,616 SF

    Description

    Added:
    Mar 25, 2025
    Days on Market:
    258
    This exceptional 1.69-acre commercial land parcel presents a unique investment opportunity in Niceville, Florida. Strategically located at the intersection of Highway 85 and Twin Cities Boulevard, this property boasts unparalleled accessibility and visibility. Its proximity to major thoroughfares, including Highway 20, I-10, and the Mid-Bay Connector, ensures seamless connectivity throughout the region. The site's 73,616 square feet offer ample space for a wide range of commercial ventures. Its advantageous location near Twin Cities Hospital makes it particularly well-suited for medical facilities, while its proximity to Eglin Air Force Base and Duke Field makes it attractive to defense contractors. The property is offered under a NNN lease agreement with an annual rate of $82,810. This prime location, combined with its versatile zoning and convenient access to key transportation arteries, makes this property an exceptional investment opportunity for discerning businesses seeking a strategic foothold in the thriving Niceville market. The property is zoned for commercial use and offers significant potential for development. Serious inquiries only.

    Property Features for Highway 85 N

    General Information

    Property type
    Other land
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    73,616 SF
    USF (Usable sq. ft)
    73,616 SF
    Elevators
    N/A
    Total Rate
    82810

    HighLights

    • Prime 1.69‑acre site ideal for medical facilities near Twin Cities Hospital.
    • Strategic location offers easy access to major highways (Hwy 85, Hwy 20, I‑10).
    • Excellent for defense contractors due to proximity to Eglin AFB and Duke Field.
    Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Niceville
    State
    Florida
    Longitude
    -87.270334
    Latitude
    30.426493

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    FAQs

    What type of property is this?
    Land - 1.69 acres, ideal for various uses. Excellent location.
    Where is this land located?
    The property is located at Highway 85 N Niceville, FL.
    What are key features of this property?
    This property features: Prime 1.69-acre site ideal for medical facilities near Twin Cities Hospital.; Strategic location offers easy access to major highways (Hwy 85, Hwy 20, I-10).; Excellent for defense contractors due to proximity to Eglin AFB and Duke Field.
    (850) 678-2223
    Request Owner's contact information
    Highway 85 N 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
    Highway 85 N Niceville, FL 32578
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