285 X Hwy Niceville, FL 32578
- Commercial real estate
- 0.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 285 X Hwy
- Lot size
- 0.50 lot acres
- Property type
- Commercial real estate
Description
Two prime commercial parcels totaling one acre are available at the entrance to the Parkview Place community on Highway 285 (Partin Drive) in Niceville, Florida. This exceptional opportunity presents itself as two half-acre lots, ideal for a variety of commercial ventures. The high visibility location boasts an impressive 8900 AADT (Average Annual Daily Traffic), ensuring significant exposure for any business. A detailed diagram illustrating potential site layouts is available upon request, showcasing the flexibility and development potential of these parcels. The property is offered as a ground lease, with an attractive annual rate of $49,000 per acre. This translates to a total annual ground lease cost of $98,000 for the entire one-acre property. This presents a unique chance to establish a strong commercial presence in a thriving community with excellent access and high traffic volume. The strategic location at the entrance to Parkview Place guarantees high visibility and accessibility for customers and clients. Serious inquiries are encouraged to explore this exceptional commercial land opportunity further. Don't miss this chance to secure a prominent location in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Niceville
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.4537
- Latitude
- 30.5024
