3375 Hwy 97 Cantonment, FL 32533-4608
This exceptional 13.038-acre commercial and industrial property in Escambia County, Florida, presents a remarkable investment opportunity. Located at 3375 S Hwy 97, Cantonment, FL 32533, near Nine Mile Road, this fee-simple land boasts 393 feet of paved road frontage and ample space for semi-truck maneuvering. Currently zoned Heavy Commercial/Light Industrial (HC/LI), the property allows for up to 25 dwellings per acre, opening doors to diverse development possibilities. Existing improvements include a 5,000 sq ft, two-story shop with four 16x14 drive-through doors and 3,000 sq ft of office space (2000 sq ft downstairs, 1000 sq ft upstairs), offering immediate income potential. A 30x40 red iron barn with power and its own fenced area adds further utility. The property features a fully fenced perimeter, a private driveway, central heating and air conditioning in the office spaces, and ample parking. Single-phase power is available, with the option for three-phase power. The property's versatility allows for commercial, light industrial, retail, recreation, and entertainment uses, making it ideal for developers seeking high-density projects. The asking price is $2,200,000, with a price per acre of $152,905.20. APN: 361N3131010000013. Future land use is designated as Mixed Use Suburban (MU-S).
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
HC/LI · Cantonment, FLCantonment. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.