Absolute $1 Auction - 2.19 AC Parcel
Development opportunity in Florida Panhandle
Zoned MU (Mixed Use) - allows for flexible commercial and residential uses
Absolute $1 Auction - NO Reserve.
CBRE and RealINSIGHT Marketplace are pleased to present a ±2.19 AC undeveloped land parcel located at 7577 Hwy 189 N in Baker, Florida (the “Property”). This Property offers an exceptional investment opportunity via development and first bid meets reserve.
The Property benefits from highly favorable and flexible MU (Mixed Use) zoning that allows for a very wide variety of commercial and residential uses. The Property is situated at the hard corner intersection of State Hwy 189 and County Road 2, with excellent visibility and has the possibility to create multiple points of egress/ingress. Blackman Fire Department is located immediately adjacent to the Property with a local convenience store on the opposite hard corner.
The Property is in Okaloosa County in the Florida Panhandle approximately five miles due south of the Alabama border. The Property benefits from traffic counts of approximately 3,162 vehicles per day on State Highway 189. As of 2020, there were approximately 1,000 residents with an average household income of $81,303 within a 5-mile radius.
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