Commercial Lot Hwy 87

Vacant Land for Sale
Catylist Listing ID: 30871311
Property Subtypes: Office, Retail, Other
Gross Land Area: 0.49 Acres
Sale Price: $200,000
Unit Price: $408,163 Per Acre
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 7/19/2024

Overview / Comments

Located at the junction of Highway 87 and Five Forks Road, this vacant corner parcel offers a prime opportunity for commercial development. With high visibility and easy access to four lanes of busy traffic, this property is ideal for retail, dining, or service-oriented ventures.
Situated on the southeast corner, the parcel benefits from maximum exposure to passing traffic. Zoned HCD (Highway Commercial District), it offers flexibility for various business endeavors. The high and dry terrain (Zone X), surrounded by wooded areas, provides a solid foundation and natural beauty.
Electric utilities are nearby, simplifying the development process. Santa Rosa County will assign an official address as part of the building permitting process, ensuring recognition in the community.
Don't miss out on this opportunity to establish a prominent presence in the thriving business community of Santa Rosa County. Schedule a viewing today and explore the possibilities at this exceptional location.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Holley/Navarre
Tax ID/APN: 05-2S-26-0000-00188-0000
Zoning: HCD
Property Located Between: corner of Highway 87 and Five Forks Rd.
Property Visibility: Excellent
Legal Description: COM AT NEC SEC CORN THNS0*57'16"W ON E SEC LN 2638.66FT THN S1* 01'45"W 1322.86 FTTHN ON CURV (R=1479.50 FTCB=N34*36'01"W) GO 304.57 FTTHN S49*30'18"W 17 FT TO CURV(R=1462.05 FT CB =N62*47'48"W)GO ON CURV 1138. 52 FT THNN85*05'54"W 1324.96 FT THNN0*21'57"E 67.45 FT TO N R/WOF HWY 87 FOR POB THN CONT193.37 FT THN S85*05'54"E120.63 FT THN S4*54'06"W 192.79 FT TO N R/W THN N85*05'54"WON HWY 105.34 FT TO POB AS DESIN OR 4363 PG 1797 LESS ALLMINERAL RIGHTS
Largest Nearby Street: Five Forks Rd.
Feet of Frontage: 105
Lot Frontage: 105ft
Lot Depth: 192
Topography: Gently Sloping
Soil Type: Sandy

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 25,405 28,713
Median Age: 35.7 36.15
Households: 9,389 10,724


Photograph of Listing Agent

Jennifer Crowder

American Realty of Florida LLC Gulf Coast CMLS Member
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