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Highway 20 Development Opportunity
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Lot Lancaster Dr, Niceville, FL

8.31 acre commercial land parcel with highway frontage.

Property SizeContact for details
Lot Size8.31 Acres
Days on Market314

Property Features for Lot Lancaster Dr

General Information

Standard status Active
Lot size 8.31 Acres
Property subtype LAND
Listing Agency: Ruckel Properties, Inc.
Listed By: Dora Cawood
Source: Moodyscre
Added: Sep 25, 2025 Changed: Jul 10 Last Checked: Jul 21 at 5:31AM

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 Ruckel Properties, Inc.

Investment Insights

Based on property information with market context.

This 8.31-acre parcel presents a development opportunity with approximately 1,230 feet of frontage on Highway 20 and a depth of about 448 feet. The property is zoned for Mixed Use. It experiences a traffic count of 40,500 vehicles per day. Note that a new parcel ID will be generated upon splitting from the parent parcel. The rear 16.69 acres are zoned residential and are not available for purchase. Interested parties should consult the Okaloosa County zoning map for zoning clarification and notify the listing agent prior to any on-site viewing of the property.

Key Highlights

  • Prime development opportunity on Highway 20.
  • 8.31‑acre flat parcel.
  • Approximately 1,230 feet of Highway 20 frontage.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

558
Businesses Nearby

Market

Properties on Market for Land in Niceville

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Frequently Asked Questions

What type of property is this?
Land - 8.31 acre commercial land parcel with highway frontage.
Where is this land located?
The property is located at Lot Lancaster Dr 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: Prime development opportunity on Highway 20.; 8.31‑acre flat parcel.; Approximately 1,230 feet of Highway 20 frontage.
(850) 496-5715 Call to check price and availability
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