285 Xx Hwy Niceville, FL 32578
- Commercial real estate
- 11.30 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 285 Xx Hwy
- Lot size
- 11.30 lot acres
- Property type
- Commercial real estate
Description
This exceptional 11.3-acre parcel presents a prime commercial development opportunity in Niceville, Florida. Strategically located at the southeast corner of Highway 285 and College Boulevard, this property enjoys unparalleled visibility and accessibility, situated near the entrance to the desirable Swift Creek Community at Winding Waters Way. The current list price is $49,000 per acre annually. The property's high-traffic location makes it ideal for a variety of commercial uses. A highest and best use analysis recommends retail, office, or mixed-use development, offering significant potential for investors seeking to capitalize on the area's growth. The seller is open to subdividing the parcel, providing flexibility for various development scenarios. This is a rare chance to acquire a substantial land holding in a thriving location with strong potential for significant returns. The property's prominent position at a major intersection ensures high visibility and easy access for customers and employees. Given its size and location, this property represents a compelling investment opportunity for developers and investors alike. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering. The site's proximity to established residential areas and key transportation routes further enhances its appeal and potential for success.
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
