3761 Highway 87 Navarre, FL 32566
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.