Mixed-Use Commercial
For Sale
$4,570,500
Pending
E Highway 20, Niceville, FL 32578
Commercial for Sale, Niceville, FL
Property SizeContact for details
Lot Size8.31 Acres
Days on Market353
Property Features for E Highway 20
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MU
Directions
Located at the corner of Highway 20 and Lancaster Drive.
Subdivision
13 - Niceville
Standard status
Pending
APN
15-1S-22-0000-0001-001D
Lot size
8.31 Acres
Taxes and HOA fees
Tax Description
COM SW COR GOVT LOT 9 N248 FT TO POB N979 FT E765 FT TO W R/W SELY ALG R/W 1232 FT W1512 FT TO POB AS OR
Legal Description
COM SW COR GOVT LOT 9 N248 FT TO POB N979 FT E765 FT TO W R/W SELY ALG R/W 1232 FT W1512 FT TO POB AS OR
Listing Agency:
Ruckel Properties Inc
(850) 678-2223
Listed By:
Dora Cawood · License #3197659
(850) 496-5715
Added: Sep 26, 2025
Changed: Sep 11
Last Checked: Sep 13 at 5:06PM
MLS# 986258
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 8.31-acre commercial land parcel is flat and designated MU, supporting mixed-use development under the stated zoning. The offering represents the portion being separated from a larger parent parcel, with a new parcel ID to be created upon completion of the split.
The site fronts Highway 20 in Niceville, with approximately 1,230 feet of highway frontage and approximately 448 feet of depth. Reported traffic volume is 40,500 vehicles per day. The rear 16.69 acres remain residentially zoned and are excluded from the offering.
The site fronts Highway 20 in Niceville, with approximately 1,230 feet of highway frontage and approximately 448 feet of depth. Reported traffic volume is 40,500 vehicles per day. The rear 16.69 acres remain residentially zoned and are excluded from the offering.
Key Highlights
- 8.31‑acre commercial land parcel
- Approximately 1,230 feet of frontage on Highway 20
- Approximately 448 feet of parcel depth
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
97
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Flat commercial land with MU zoning and substantial Highway 20 frontage.
Where is this commercial land located?
The property is located at E Highway 20 Niceville, FL.
What is the asking price?
The asking price for this property is $4,570,500.
What are key features of this property?
This property features: 8.31‑acre commercial land parcel; Approximately 1,230 feet of frontage on Highway 20; Approximately 448 feet of parcel depth
