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Property profile & analytics
OFF-MARKET
Specialty properties

0 Hwy 285 & College Blvd Niceville, FL 32578

8.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8.7-acre parcel presents a unique investment opportunity situated at the highly visible southeast corner of Highway 285 and College Boulevard. Its strategic location near the entrance to the Swift Creek Community at Winding Waters Way ensures high traffic visibility and accessibility. Currently zoned C-1, this property offers significant potential for a variety of development options. The seller is willing to subdivide the land to accommodate specific project needs. The list price is $49,000 per acre annually. A comprehensive analysis suggests that the highest and best use for this property includes retail, office, mixed-use, or multi-family development, making it an attractive prospect for developers seeking a prime location with substantial growth potential. The property's size and zoning provide flexibility for a wide range of commercial ventures. The parcel's APN is 05-1S-22-256A-0002-0010 and is located in Okaloosa County. This is a single-tenant property ideal for those seeking a prominent location for their business or investment portfolio. Don't miss this chance to acquire a strategically located commercial land parcel with exceptional development potential.

Property profile
Verified
Property type Specialty properties
Lot 8.7 ac (378,972 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
AI Approach AI
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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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