Hwy 98 Mixed Use Land
Vacant Land
for Sale
| Catylist Listing ID: |
30162958 |
| Property Subtypes: |
Hospitality, Office, Residential (Single Family), Retail-Pad, Other
|
| Gross Land Area: |
2.37 Acres
|
| Sale Price: |
$499,000 |
| Unit Price: |
$210,548 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/2/2020 |
Overview / Comments
|
Exclusive land opportunity with over 2.37acres and 400 feet of frontage on the highly trafficked Hwy 98. The parcel is zoned mixed use and would be the ideal location for retail, office, restaurant, residential or commercial use. The site is close proximity to the Wal-Mart Supercenter, Santa Rosa Mall, and Hurlburt Field. Within five miles of the site there is a population of 56,445 people and an average household income of $60,000. There are an estimated 38,000 of cars per day in front of the site on Hwy 98, which is the main arterial throughout the panhandle.
|
Additional Details
| Nearest MSA: |
Crestview-Fort Walton Beach-Destin |
| County: |
Okaloosa |
| Tax ID/APN: |
18-2S-25-272C-0001-016F |
| Zoning: |
MIXED USE (MU) |
| Property Visibility: |
Excellent |
| Legal Description: |
WYNNEHAVEN BCH EST 1ST W400 FT OF LOT 16 BLK 1 AS OR EXC N150 FT |
| Largest Nearby Street: |
Hwy 98 |
| Feet of Frontage: |
400 |
| Traffic/Vehicle Count: |
38,000 |
| Area Description: |
The property is located in the city of Mary Esther which is halfway between Navarre and Fort Walton Beach, FL. The site is adjacent to the Wynnehagven Animal Clinic on the north side of Hwy 98. |
| Lot Frontage: |
400 |
| Lot Depth: |
240 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,482 |
12,222 |
19,238 |
| Median Age: |
36.33 |
36.24 |
35.46 |
| Households: |
991 |
4,720 |
7,574 |
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