Laurel Hill Commercial Building and 8 Acres

Retail-Commercial for Sale
Catylist Listing ID: 30872893
Property Subtypes: Free-Standing Building, Mixed Use, Parking Facility, Retail-Pad, Street Retail, Other
Building Size (RSF): 1,904 SF
Gross Building Area: 2,064 SF
Gross Land Area: 8 Acres
Sale Price: $715,000
Unit Price: $375.53 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 1,904 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/29/2024

Overview / Comments

Prime Commercial Property on Hwy 85 North, Laurel Hill, FL
Property Overview:
Discover a unique investment opportunity with this expansive 8-acre commercial property, ideally situated on the bustling Hwy 85 North in the quaint community of Laurel Hill, Florida. Located in Okaloosa County, this property offers exceptional visibility and accessibility, making it an ideal location for a wide range of commercial ventures.

Key Features:
Land Area: 8 acres of level, cleared land with ample space for expansion or development.
Building Size: The property includes a 1,900+ square foot building, suitable for retail, office space, or service-based businesses.
Location: Positioned on Hwy 85 North, a major thoroughfare that ensures high traffic flow and excellent exposure.
Accessibility: Easy access to major highways and neighboring cities, enhancing business potential and customer reach.
Utilities: Equipped with essential utilities including water, electricity, and septic system, ready for immediate use.
Zoning: Zoned for commercial use, providing flexibility for various business types.
Additional Highlights:
Parking: Ample on-site parking space for customers and employees.
Growth Potential: The property’s size and location offer significant opportunities for future development or expansion.
Community: Laurel Hill is a growing area with a supportive local community.
Ideal For:
This versatile property is perfect for entrepreneurs and investors looking to establish a presence in a high-traffic area. Ideal for retail stores, restaurants, offices, warehouses, or a mixed-use development.

Seize the chance to invest in a prime piece of commercial real estate in the heart of Okaloosa County. For more information or to schedule a viewing, contact us today.

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Taxing Authority: Laurel Hill
Tax ID/APN: 05-5N-22-0000-0022-001A and 05-5N-22-0000-0022-0010
Zoning: COMMERCIAL
Retail Clientele: General, Family, Traveler, Tourist, Recreation
Property Located Between: Florala and Crestview
Property Visibility: Excellent
Largest Nearby Street: Hwy 85 North
Feet of Frontage: 1,190
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,904 SF
Property Condition: Good
Year Built: 1993
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Septic
Easements: Utilities

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,921 1,921
Median Age: 43.93 43.93
Households: 770 770

Contact

Photograph of Listing Agent

Jeffrey Fontenot LLC

Coldwell Banker Residential Pensacola
Gulf Coast CMLS Member
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