Catylist ID:
#30873921
Prime Commercial HCD Property on Navarre Parkway/Highway 98
Vacant Land
for Sale
| Catylist Listing ID: | 30873921 |
| Property Subtypes: | Hospitality, Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage |
| Gross Land Area: | 0.56 Acres |
| Sale Price: | $975,000 |
| Unit Price: | $1,741,071 Per Acre |
| Sale Terms: | Cash to Seller, Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 8/25/2024 |
Overview / Comments
|
Seize this exceptional opportunity to own prime commercial land along Navarre Parkway, one of the main highway arteries in Santa Rosa County, Florida. This level, vacant lot is strategically located on the westbound side of Navarre Parkway, ensuring high visibility and substantial traffic flow—ideal for businesses seeking maximum exposure. **Key Features:** - **High Traffic Location:** Situated on Navarre Parkway, a bustling highway with consistent traffic, perfect for attracting customers. - **Versatile Zoning:** Zoned HCD (Highway Commercial Development), offering a wide array of potential uses including dining, tourist-related businesses, storage facilities, entertainment and recreation centers, lodging, and service-based businesses. - **Accessibility:** Easy access via Third Street with potential county-approved access directly from Navarre Parkway, enhancing convenience for both customers and suppliers. - **Proximity to Beaches:** Located near the beautiful beaches of Navarre, this property is in a high-demand area frequented by tourists and locals alike, ensuring a steady stream of potential customers. - **Growing Market:** The area is known for its robust demand for commercial services, making it an ideal spot for new ventures or expanding existing businesses. **Ideal For:** - **Dining Establishments:** Restaurants, cafes, and fast-food outlets. - **Tourist Attractions:** Gift shops, adventure tour companies, and beach-related businesses. - **Storage Solutions:** Self-storage units, boat storage, or RV storage facilities. - **Entertainment and Recreation:** Movie theaters, fitness centers, and family entertainment venues. - **Lodging:** Hotels, motels, and other lodging facilities. - **Service-Based Businesses:** Salons, spas, medical offices, and professional services. **Investment Opportunity:** Capitalize on the high visibility and strategic location of this property to establish a thriving business. The growing community and influx of tourists present an unmatched opportunity for commercial success. **Disclaimer:** All potential uses are subject to county zoning regulations and approval. Please verify with the Santa Rosa County Planning and Zoning Department for specific use permissions and any additional requirements. |
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Santa Rosa |
| Taxing Authority: | Santa Rosa County |
| Tax ID/APN: | 20-2S-26-5770-00700-0040 |
| Zoning: | HCD |
| Property Located Between: | Just west of Bluetip Drive, in between Third and Navarre Parkway |
| Property Visibility: | Excellent |
| Legal Description: | *ENHANCED LIFE EST* RES IN:PARCEL 4: WEST NAVARRE PORT OFLOTS 4 5 10 & 11 BLK 7 DES AS:E 55 FT OF LOT 4 & W 65 FT OFLOT 5 & N 65 FT OF LOT 10 & E35 FT OF N 65 FT OF LOT 11 ASDES IN OR 4278 PG 734 LESS HWYR/W & AS DES IN OR 4470 PG1679 |
| Largest Nearby Street: | Navarre Parkway |
| Feet of Frontage: | 120 |
| Highway Access: | Navarre Parkway |
| Airports: | 1. **Destin-Fort Walton Beach Airport (VPS)**: Approximately 20.95 miles. 2. **Pensacola International Airport (PNS)**: Approximately 19.95 miles. |
| Site Description: | Level, cleared, .56 acres, visible from Navarre Parkway and Third Street. |
| Area Description: | Situated in a vibrant and rapidly growing coastal community. Navarre is known for its scenic beauty, featuring pristine beaches along the Gulf of Mexico and picturesque landscapes. Conveniently positioned with easy access to major highways, including Navarre Parkway (US Highway 98), making it an ideal location for commercial development. |
| Lot Frontage: | 121 |
| Lot Depth: | 203 |
| Zoning Description: | HCD stands for "Highway Commercial Development." This zoning designation is intended for properties located along major highways and is designed to accommodate a wide range of commercial uses that benefit from high visibility and easy access. Typical uses in HCD zones include retail stores, restaurants, service businesses, offices, and other commercial establishments that serve the public. |
| In Flood Plain?: | Yes |
| Topography: | Level |
| Easements: | Utilities |
| Soil Type: | Sandy |
| Available Utilities: | Electric, Water, Sewer, Cable, Broadband |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,484 | 19,188 | 31,000 |
| Median Age: | 35.56 | 35.78 | 35.94 |
| Households: | 544 | 7,130 | 11,555 |
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