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    470 Highway 29 S Cantonment, FL 32533

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    For Sale
    $4,500,000

    Strip center in Cantonment, FL with high visibility.

    Property size:
    40,120 SF
    Lot size:
    3.97 Acres

    Property Features for 470 Highway 29 S

    General Information

    Size
    40,120 SF
    Lot size
    3.97 Acres

    Source: Salter Commercial LLC Agent Athanasios (Saki) Filios

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cantonment, FL Strip Center For Sale

    Located at 470 S Highway 29 in Cantonment, FL, this strip center benefits from a strategic location within the bustling Cantonment area. The property features 400 feet of frontage on Highway 29, a dedicated turn lane, two entrances, and a median cut. The location ensures high visibility and accessibility, attracting a daily traffic count of approximately 37,000 vehicles. The center is currently 100% leased with NNN leases that have been recently renewed.
    Location Intelligence

    Current Use by Public Records

    Badcock Home Furniture ... Home Goods Store Md Samuel Ravenel Pediatrician Cantonment Pediatrics Community Health Centre Dr. Lawrence Copenhaver Dentist Samuel Fitzsimons Ravenel ... Pediatrician

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cantonment
    County
    Escambia
    State
    Florida
    Longitude
    -87.31189
    Latitude
    30.597684

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    FAQs

    What type of property is this?
    Strip mall - Strip center in Cantonment, FL with high visibility.
    Where is this strip mall located?
    The property is located at 470 Highway 29 S Cantonment, FL.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - 100% Leased with NNN Leases: Enjoy immediate and consistent income, tenants cover property expenses.; - High Traffic Location: Approximately 37,000 vehicles pass daily, maximizing tenant exposure.; - Strategic Highway Frontage: 400 feet of frontage on Highway 29 enhances visibility.
    (850) 418-2931
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    470 Highway 29 S 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
    470 Highway 29 S Cantonment, FL 32533
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