Property profile

Highway 85 N Niceville, FL 32578

FOR LEASE
Vacant Commercial
Property ID
US18-6468586
0.34 ac lot
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Highway 85 N, Niceville, FL 32578 For Lease
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Highway 85 N, Niceville, FL 32578
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Property summary

AI-generated overview

The property is a 1.69-acre commercial land parcel in Niceville, Florida, located at the intersection of Highway 85 and Twin Cities Boulevard, with convenient access to Highway 20, I-10, and the Mid-Bay Connector. The parcel is zoned for commercial use and provides development potential, with 73,616 square feet of site area. It is in proximity to Twin Cities Hospital, supporting suitability for medical-related facilities, and it is also near Eglin Air Force Base and Duke Field, which aligns with potential uses serving defense-related contractors. The site has been structured for lease under an NNN (triple-net) agreement.

Property profile

Verified
Property type Vacant Commercial
Lot 0.34 ac (14,695 SF)
APN 01-1S-23-1730-0000-0
UPID US18-6468586

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Highway 85 N Niceville, FL 32578
Niceville metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2017
Last sale
$1.0M
2 recorded transactions
2019
Price N/A
2017
$1.0M
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