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    700 Highway 29 Cantonment, FL 32533

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    For Sale
    Contact for pricing

    2.41 Acres, High Visibility, HC/LI Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.41-acre commercial land parcel presents a prime investment opportunity in Cantonment, Florida. Strategically located on Highway 29 in Escambia County, this property boasts high visibility and easy access, benefiting from an impressive 30,500 AADT. The HC/LI (Heavy Commercial and Light Industrial) zoning allows for diverse commercial and industrial uses, making it suitable for a range of businesses. Its excellent location adjacent to a major national grocery store ensures high traffic and customer visibility. Furthermore, the property's proximity to the Fortune 500 International Paper Company and its location just ten miles from the University of West Florida provides significant advantages for potential development. The property's APN is 111N312309000000. This is a rare opportunity to acquire a well-situated commercial lot in a rapidly growing area, offering significant potential for return on investment. The address is 700 S Hwy 29, Cantonment, FL 32533. Thirty minutes from Downtown Pensacola, this location offers a blend of accessibility and proximity to major employers and educational institutions. This property is ready for your vision.

    Property Features for 700 Highway 29

    General Information

    Property type
    Land
    Lot Size
    104,980 SF

    HighLights

    • 2.41‑acre commercial land parcel in Escambia County, Florida.
    • Excellent Hwy 29 location adjacent to a national grocery store.
    • Proximity to Fortune 500 company International Paper Co.
    • Convenient location: 10 miles from University of West Florida and 30 minutes from Downtown Pensacola.
    Property Profile Location Intelligence

    Current Use by Public Records

    A1 Vinyl Graphics Sign Shop A-1 Accessories Trailer Dealer A1 Small Engines Lawn Mower Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Cantonment
    County
    Escambia
    State
    Florida
    Longitude
    -87.3113201
    Latitude
    30.5954797

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    FAQs

    What type of property is this?
    Land - 2.41 Acres, High Visibility, HC/LI Zoning
    Where is this land located?
    The property is located at 700 Highway 29 Cantonment, FL.
    What are key features of this property?
    This property features: 2.41-acre commercial land parcel in Escambia County, Florida.; Excellent Hwy 29 location adjacent to a national grocery store.; Proximity to Fortune 500 company International Paper Co.
    (850) 977-6991
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    700 Highway 29 Cantonment, FL 32533
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    Cantonment, FL 32533
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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
    700 Highway 29 Cantonment, FL 32533
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