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Niceville Multi-Use Development Opportunity
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309 Kelly Rd, Niceville, FL 32578

0.80-acre parcel in Niceville CRA district with redevelopment potential.

Property SizeContact for details
Lot Size0.80 Acres
Days on Market195

Property Features for 309 Kelly Rd

General Information

Standard status Active
Lot size 0.80 Acres
Property subtype Land, Mixed Use
Zoning R-2
Listing Agency: Real Broker LLC
Listed By: Chris Carter · License #BK3210183
Source: Crexi
Added: Jan 29 Changed: Aug 8 Last Checked: Aug 8 at 2:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker LLC

Investment Insights

Based on property information with market context.

This is an opportunity to acquire a 0.80-acre multi-use parcel located within the City of Niceville Community Redevelopment Agency (CRA) district. The location offers redevelopment and investment potential. Zoned Multi-Use, the parcel allows flexibility for potential commercial, residential, or mixed-use development, subject to city approval. The CRA location may offer redevelopment incentives and long-term investment upside. An additional adjacent 0.80-acre parcel with an existing duplex is also available, providing the opportunity to assemble up to 1.6 acres total for a larger commercial or mixed-use project. The location within Niceville provides access and surrounding development. Buyer is responsible for verifying zoning and permitted uses.

Key Highlights

  • ±0.80‑acre Multi‑Use parcel within Niceville CRA district.
  • Zoned Multi‑Use: potential for commercial, residential, or mixed‑use development.
  • CRA location: may offer redevelopment incentives.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

315
Businesses Nearby

Demographics for 32578, FL

35,075
Population
14,578
Households
2.4
Avg Household Size
42
Median Age
45%
College-Educated
97%
High-School Grad
23.2 sq mi
ZIP Area
1,512
Density / Sq Mi
$105,858
Median Household Income
$52,028
Median Earnings
$1,744
Median Rent
$414,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 0.80-acre parcel in Niceville CRA district with redevelopment potential.
Where is this commercial land located?
The property is located at 309 Kelly Rd Niceville, FL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: ±0.80‑acre Multi‑Use parcel within Niceville CRA district.; Zoned Multi‑Use: potential for commercial, residential, or mixed‑use development.; CRA location: may offer redevelopment incentives.
(850) 865-7975 Call to check price and availability
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