Corner Commercial
NW Hill Avenue, Fort Walton Beach, FL 32548
For Sale
$1,800,000
Pending
Commercial for Sale, Fort Walton Beach, FL
Property SizeContact for details
Lot Size17.43 Acres
Days on Market440
Property Features for NW Hill Avenue
General Information
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Listing Agency:
RE/MAX Agency One · RE/MAX International
(850) 682-8309
Listed By:
Your House Team
(850) 398-8898
Added: Aug 29, 2025
Changed: Oct 1
Last Checked: Nov 11 at 12:06AM
MLS# 984422
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.
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Investment Insights
Based on property information with market context.
This 17.43-acre commercial land tract occupies the corner of NW Hill Avenue and Lovejoy Road in Fort Walton Beach. The parcel is currently zoned Community Facilities and has access from both roads, providing a substantial site for commercial, industrial, multifamily, or other development contemplated by the applicable zoning framework.
Adjoining properties carry City Commerce and Technology, Mixed Use, and R-1 Single-family zoning. The site is next to Okaloosa Academy, north of Highway 98, and near Hurlburt Field. Its corner position places the property within a high-traffic area with connections to established business corridors and growth areas throughout Fort Walton Beach.
Adjoining properties carry City Commerce and Technology, Mixed Use, and R-1 Single-family zoning. The site is next to Okaloosa Academy, north of Highway 98, and near Hurlburt Field. Its corner position places the property within a high-traffic area with connections to established business corridors and growth areas throughout Fort Walton Beach.
Key Highlights
- 17.43+/- acres at the corner of NW Hill Avenue and Lovejoy Road
- Dual road access from NW Hill Avenue and Lovejoy Road
- Currently zoned Community Facilities
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Current Use
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
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Business Placement
Demographics for 32548, FL
22,399
Population
14,040
Households
1.6
Avg Household Size
42
Median Age
31%
College-Educated
91%
High-School Grad
12.1 sq mi
ZIP Area
1,851
Density / Sq Mi
$63,857
Median Household Income
$37,725
Median Earnings
$1,281
Median Rent
$291,000
Median Home Value
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Market
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Frequently Asked Questions
What type of property is this?
Commercial land - Large development tract with dual-road access and multiple adjoining zoning contexts near established Fort Walton Beach corridors.
Where is this commercial land located?
The property is located at NW Hill Avenue Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 17.43+/- acres at the corner of NW Hill Avenue and Lovejoy Road; Dual road access from NW Hill Avenue and Lovejoy Road; Currently zoned Community Facilities
