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    8072 Highway 85 N Laurel Hill, FL 32567

    For Sale
    $699,997

    8 acres with 1900+ sq ft building in Laurel Hill.

    Property size:
    1,904 SF
    Lot size:
    0.49 Acres

    Property Features for 8072 Highway 85 N

    General Information

    Size
    1,904 SF
    Lot size
    0.49 Acres

    Source: Assurance Realty of NWFL Agent Laura Chamberlain

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

    Overview

    Commercial Property on Hwy 85

    This investment opportunity features 8 acres of commercial property situated on Highway 85 North in Laurel Hill, Florida. The property includes partially cleared and level land, offering space for development or expansion. A building with over 1900 square feet is present on the site, suitable for either office or retail use. The property comprises two parcels, identified as Parcel ID 05-5N-22-0000-0022-001A and 05-5N-22-0000-0022-0010.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Department Store Food Market Grocery Store Convenience Store Cafe & Coffee Shop Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Laurel Hill
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.469279
    Latitude
    30.9575666

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    FAQs

    What type of property is this?
    Retail space - 8 acres with 1900+ sq ft building in Laurel Hill.
    Where is this retail space located?
    The property is located at 8072 Highway 85 N Laurel Hill, FL.
    What is the asking price?
    The asking price for this property is $699,997.
    What are key features of this property?
    This property features: - 8 acres of commercial property on Hwy 85 North.; - Suitable 1900+ square foot building for office or retail.; - Partially cleared and level land.
    (850) 305-6633
    Request Owner's contact information
    8072 Highway 85 N Laurel Hill, FL 32567
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    Laurel Hill, FL 32567
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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
    8072 Highway 85 N Laurel Hill, FL 32567
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