00 N Florida 85, Laurel Hill, FL 32567

$1,800,000

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List Price
$1,800,000
Status
ACTIVE
MLS#
784933
Subtype
Land
Lot Size
789,307
Acres
18.12
Subdivision
No Named Subdivision
Neighborhood
Okaloosa - Crestview
MLS Area Major
Okaloosa

Property Description

Positioned along Highway 85 corridor in Laurel Hill, this+/-18.12-acre mixed-use development site offers +/-11.95 acres of usable uplands with approximately 500 feet of direct highway frontage, providing exceptional access, exposure, and long-term value. The property is entitled for mixed-use development, allowing flexibility for a wide range of commercial and residential concepts including neighborhood retail, service-oriented uses, multifamily, professional office, or complementary community amenities. Its strategic location adjacent to the Heritage Plantation master-planned community, featuring over 700 single-family residential lots, delivers an immediate and growing built-in customer base, supporting strong demand for nearby services, retail, and employment uses. Highway 85 functions as a primary commuter corridor connecting Laurel Hill and surrounding bedroom communities to Crestview, Eglin Air Force Base, and regional employment centers, while also serving as a key tourism route linking North Florida travelers to the Emerald Coast. This consistent blend of workforce, commuter, and recreational traffic enhances daily visibility and traffic exposure. Combined with direct adjacency to a large residential community, the site is well positioned to evolve into a neighborhood service and retail cluster, capturing recurring local demand while benefiting from pass-through traffic. With entitlement in place, strong residential adjacency, and prominent highway exposure, this property represents a compelling opportunity for developers and investors seeking scalable growth in an expanding Northwest Florida market.

Listing courtesy of NAI TALCOR.

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