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Property profile & analytics

1391 John Sims Pkwy Niceville, FL 32578

  • Commercial land
  • 2.96 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US18-6505853
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial land

Property Details for 1391 John Sims Pkwy

Lot size
2.96 lot acres
Property type
Commercial land
APN
05-1S-22-256A-0044-0000
APU
051S22256A00440000

Description

This exceptional 3.47-acre parcel is situated on John Sims Parkway in Niceville, Florida, a high-traffic area offering significant commercial potential. The property presents a unique investment opportunity due to its prime location on a major thoroughfare. The substantial lot size allows for a variety of development possibilities, catering to diverse business needs. While the square footage of any existing structures is not specified, the land itself is the key asset. The property is currently subject to an annual ground lease with a rate of $237,000. This established lease provides immediate and substantial income potential for the investor. Given the strategic location and the existing lease, this property represents a compelling investment opportunity for those seeking a strong return on investment in a thriving commercial area. The high visibility and accessibility of the John Sims Parkway location make this an ideal site for a wide range of commercial ventures. Serious inquiries are encouraged to explore the full potential of this exceptional property. The asking price for this significant land holding is $19,750. This represents a rare chance to acquire a substantial commercial property in a prime Niceville location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Niceville
County
Okaloosa
State
Florida
Longitude
-86.4574
Latitude
30.5132
CBSA code
18880
CBSA name
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,261
$394,672
$0.00
$394,672
-
$394,672
$0.00
$394,672
More about this property
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