Four Mile Creek
Vacant Land
for Sale
| Catylist Listing ID: |
30552543 |
| Property Subtypes: |
Industrial, Self Storage
|
| Building Status: |
Proposed |
| Gross Land Area: |
9.67 Acres
|
| Sale Price: |
$675,000 |
| Unit Price: |
$69,803 Per Acre |
| Sale Terms: |
Cash to Seller, Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/3/2020 |
Overview / Comments
|
Development opportunity on 9.673 acres with 660 feet of waterfront along Four Mile Creek just off Lagrange Bayou. 45 boat slip marina has previously been permitted on property (see copy in documents). The demand for a marina in the area is extremely high as all of the slips in the area are full. Potential gross annual rents are $150k-$200k. Just east of the popular Hammock Bay, the parcel is zoned light industrial. Adjacent properties potential assemblage opportunity. All measurements and information are approximations based on available data and to be verified by buyer as to suitability for intended use.
|
Additional Details
| Nearest MSA: |
Crestview-Fort Walton Beach-Destin |
| County: |
Walton |
| Tax ID/APN: |
22-1S-19-23010-000-0120 |
| Zoning: |
LIGHT INDUSTRIAL |
| Legal Description: |
BAYOU LAGRANGE S/D PB 2-34 E1/2 OF LOT 12 OR 1401-288 OR 2608-298 ALSO COM NW/COR SEC 22,S 02 DEG 01'32"W 3298.87 FT TO NW/COR LOT 12 BAYOU LAGRANGE,S 87 DEG 59'27"E 357.52 TO POB,S 87 DEG 59'27"E ALG N LN LOT 12 160.16FT TO E1/2 OF LOT 12,S 16 DEG 42'24"W 100.00 FT,N 52 DEG 19'42"W 165.91 FT TO POB. OR 2810-878
|
| Site Description: |
Parcel containing 9.637 acres with 660' of waterfront along Four Mile Creek. Excellent marina opportunity with quick access to Lagrange Bayou and Choctawhatchee Bay. |
| Area Description: |
Beautifully situated just east of Hammock Bay residential neighborhood |
| Lot Frontage: |
660' |
| Lot Depth: |
560' |
| Zoning Description: |
Light Industrial |
| Easements: |
Electric Lines, Ingress/Egress |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
2,650 |
4,624 |
| Median Age: |
40.26 |
39.77 |
| Households: |
1,103 |
1,906 |
|
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