8936 Navarre Pkwy Navarre, FL 32566-2157
- Retail space
- 4,560 SF
- 0.87 lot acres
Current Use by Public Records
- Retail space
Property Details for 8936 Navarre Pkwy
- Year built
- 1984
- Construction
- STEEL FRAME
- Lot size
- 0.87 lot acres
- Property size
- 4,560 SF
- Zone code
- HCD
- Property type
- Retail space
- Property subtype
- Storefront properties
- APN
- 21-2S-26-0780-0DD00-0000
- APU
- 212S2607800DD000000
Description
This exceptional 6.09-acre commercial property in Navarre, Florida, presents a compelling redevelopment opportunity. Currently housing a single-story, 2,000 square foot building with 4,560 square feet of net rentable space, operating as a boat and RV storage facility, this property offers significant income potential. The existing structure was built and renovated in 1984 and sits on two separate parcels located at 8936 and 8926 Navarre Parkway, zip code 32566, within Santa Rosa County. The property boasts 100% occupancy and is zoned HCD, providing flexibility for various commercial or residential projects. The asking price is $6,250,000, translating to $1,026,272 per acre and $3,125 per square foot. High traffic volume (over 47,000 vehicles per day) on Navarre Parkway, coupled with strong demographics (average household income within 3 miles is $123,120, and average household value within 10 miles is $402,906), underscores the property's exceptional investment potential. An on-site billboard further enhances visibility and marketing opportunities. This is a rare chance to acquire a substantial land parcel in a thriving Florida market. The property is for sale by owner. Parcel numbers are 21-2S-26-0789-0DD00-0000.
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
- Navarre
- County
- Santa Rosa
- State
- Florida
- Longitude
- -86.8489
- Latitude
- 30.407
- CBSA code
- 37860
- CBSA name
- PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
