4 Unit 1.5Ac Baker, FL 32531
- Commercial real estate
- 1.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4 Unit 1.5Ac
- Lot size
- 1.50 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.5-acre commercial property in Baker, Florida, presents a unique investment opportunity. Located on Highway 4, this C-3 zoned land boasts a newly established 20-year billboard ground lease, generating immediate potential revenue. The property shares convenient access with a recently constructed Cefco convenience store and an office building, ensuring high visibility and foot traffic. The strategic location offers easy access to major transportation arteries, including Highway 90, I-10, and Highway 85, providing excellent connectivity for businesses and customers. Baker itself is experiencing significant growth, with numerous ongoing commercial and residential developments underway, indicating a strong and expanding market. This makes this parcel ideally suited for a variety of commercial ventures, capitalizing on the area's burgeoning economic activity and prime location. The property's zoning allows for diverse commercial uses, providing flexibility for potential buyers. This is a rare chance to acquire a well-situated, income-producing asset in a rapidly developing area of Florida. The existing infrastructure and shared access points further enhance the property's appeal and potential for immediate development or lease. Don't miss this opportunity to secure a piece of Baker's thriving commercial landscape.
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
- Baker
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.6374
- Latitude
- 30.751
