5141 gulf breeze parkway Gulf Breeze, FL 32563
The property is located near several significant development projects and amenities. Positioned directly in front of a 15 acre tract designated for Santa Rosa County’s new soccer complex project,which will include:NCAA regulation fields, urban soccer fields, and futsal courts. Concession/restroom facilities, parking lots, and playgrounds. Multi-use trails connecting the complex to nearby schools. Phase one construction is underway, with an estimated cost of $6M-$9M for the completed project. Conveniently located less than 1.5 miles from the future $110M Soundside High School, set to open in 2025, which will serve over 1,800 students. A robust 5-mile radius population of 31,269 residents, with 854 businesses employing nearly 6,000 workers and generating over $1B in total annual sales (2024). High profile commercial land parcel on main thoroughfare, busy commuter/trade corridor of Hwy 98. The parcel enjoys the favorable HCD zoning on the front 2 parcels. Maximum visibility with 500 feet of frontage on Hwy 98 with over 35,500 cars per day.
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
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Property description
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No recorded transactions found for this property.
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Risks
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