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Property profile & analytics
OFF-MARKET
Commercial real estate

3761 Highway 87 Navarre, FL 32566

0.6 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.6-acre commercial lot presents a remarkable investment opportunity in the thriving Navarre, Florida market. Located at 3761 Hwy 87, this property boasts high visibility and accessibility, making it ideal for a wide range of commercial ventures. The expansive 0.6-acre parcel offers ample space for development, allowing for significant flexibility in design and construction. Its strategic location along Highway 87 ensures substantial exposure to a high volume of daily traffic, providing unparalleled potential for attracting customers and maximizing business visibility. The property's zoning (which should be independently verified) will dictate the permissible uses, but the size and location suggest a variety of possibilities, from retail establishments and restaurants to professional offices and light industrial uses. This is a rare chance to acquire a well-situated commercial lot in a rapidly growing area. The asking price of $225,000 represents a compelling value for investors seeking to capitalize on the robust economic growth and increasing demand for commercial space in Navarre. Serious inquiries are encouraged to explore the full potential of this prime commercial property. Further due diligence, including verification of zoning and permitted uses, is recommended. Don't miss this opportunity to secure a piece of Navarre's vibrant commercial landscape.

Property profile
Verified
Property type Commercial real estate
Lot 0.6 ac (26,136 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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