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    2165 Highway 98 Mary Esther, FL 32569

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    For Sale
    $1,050,000

    2 acre commercial land next to McDonalds, high traffic area.

    Lot size:
    5.04 Acres

    Property Features for 2165 Highway 98

    General Information

    Lot size
    5.04 Acres

    Source: NBI Properties Inc

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

    Overview

    2 Acre Commercial Outparcel

    This 2-acre commercial outparcel is located next to a McDonald's at the corner of 98W and Parrish Point Boulevard. The property benefits from a high traffic count and is situated just west of Hurlburt Air Force Base.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mary Esther
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.7450355
    Latitude
    30.4110575

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    FAQs

    What type of property is this?
    Commercial land - 2 acre commercial land next to McDonalds, high traffic area.
    Where is this commercial land located?
    The property is located at 2165 Highway 98 Mary Esther, FL.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - 2-acre outparcel; - High traffic count location; - **Corner lot at 98W and Parrish Point Blvd**
    (850) 243-0007
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    2165 Highway 98 Mary Esther, FL 32569
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    Mary Esther, FL 32569
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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
    2165 Highway 98 Mary Esther, FL 32569
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