Laurel Hill Commercial Building and 8 Acres
Retail-Commercial
for Sale
Catylist Listing ID: |
30878030 |
Property Subtypes: |
Free-Standing Building, Mixed Use, Parking Facility, Street Retail, Other
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Building Size (RSF): |
1,904 SF
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Gross Building Area: |
See Agent |
Sale Price: |
$715,000 |
Unit Price: |
$375.53 PSF |
Property Use Type: |
Business |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
11/16/2024 |
Overview / Comments
This investment opportunity has 8 acres of commercial property located on Hwy 85 North in the community of Laurel Hill, Florida. The 8 acres included are partially cleared and level land with space for development or to expand. Includes a 1900+ square foot building which is suitable for office space or retail. Two parcels are included Parcel ID 05-5N-22-0000-0022-001A & 05-5N-22-0000-0022-0010.
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Additional Details
Nearest MSA: |
Crestview-Fort Walton Beach-Destin |
County: |
Walton |
Tax ID/APN: |
05-5N-22-0000-0022-001A and 05-5N-22-0000-0022-0010 |
Zoning: |
MIXED USE |
Retail Clientele: |
General, Family, Traveler, Tourist, Recreation |
Property Located Between: |
Florala and Crestview |
Property Visibility: |
Excellent |
Largest Nearby Street: |
Hwy 85 |
Feet of Frontage: |
1,190 |
Highway Access: |
Hwy 85 |
Tenancy: |
Single Tenant |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Typical SF / Floor: |
1,904 SF |
Property Condition: |
Good |
Year Built: |
1993 |
Parking Type: |
Surface |
Parking Description: |
On site parking space for customers and employees. |
Sprinklers: |
None |
Heat Type: |
Electricity |
Heat Source: |
Central |
Air Conditioning: |
Engineered System |
Zoning Description: |
Mixed Use |
Water Service: |
Municipal |
Sewer Type: |
Septic |
Easements: |
Utilities |
Legal Description: |
05-5N-22-0000-0022-0010: COM SW COR N 1292.89 FT E 635. 92 FT TO POB N 644.56 FT E 802 and 05-5N-22-0000-0022-001A: COM NW COR OF SE1/4 OF NW1/4 OF SW1/4 E 802.69 FT S 37 DEG
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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 |
The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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