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    8997 Navarre Pkwy Pkwy Navarre, FL 32566

    For Sale
    $1,000,000

    Commercial parcel fronting Highway 98, suitable for restaurant.

    Lot size:
    1.12 Acres

    Property Features for 8997 Navarre Pkwy Pkwy

    General Information

    Lot size
    1.12 Acres

    Source: Southern Ventures

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

    Overview

    Highway Frontage Commercial Parcel

    This commercial parcel fronts Highway 98 and is located in front of the new Wild Heron residential subdivision. The site is marketed as a restaurant site.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Similar Places Nearby

    Birria Babes, Appalachian Anne's

    Map

    City
    Navarre
    County
    Santa Rosa
    State
    Florida
    Longitude
    -86.8762
    Latitude
    30.5228

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    FAQs

    What type of property is this?
    Restaurant - Commercial parcel fronting Highway 98, suitable for restaurant.
    Where is this restaurant located?
    The property is located at 8997 Navarre Pkwy Pkwy Navarre, FL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Highway 98 Frontage: Offers high visibility and accessibility.; - Restaurant Site: Streamlines planning, marketed for restaurant development.; - Commercial Parcel: Zoned for commercial use.
    (850) 863-3242
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    8997 Navarre Pkwy Pkwy Navarre, FL 32566
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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
    8997 Navarre Pkwy Pkwy Navarre, FL 32566
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