00 N Florida 85, Laurel Hill, FL 32567

$1,800,000
Property Type: Commercial Land Lot Size (sq. ft.): 789,307 Status: Active
Current Price: $1,800,000 List Date: 2/09/2026 Last Modified: 2/09/2026

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.

More Information MLS# 784933

Contract Info

List Price/Acre: 99337.75 List Type: Exclusive Office/Agency Named Exception: No List Date: 2026-02-09 List Price: $1,800,000 Current Price: $1,800,000 Sub-Type: Unimproved Commercial

Location, Tax & Legal

Sub Area: 1703 – Okaloosa – Crestview Community/Resort: None Waterfront: No Directions: Located along Highway 85 near the entrance of Heritage Plantation. HOA Fee: No Street #: 00 Street Direction: N Street Name: Florida 85 State: FL Zip Code: 32567 County: Okaloosa Area: 17 – Okaloosa Subdivision: No Named Subdivision Parcel ID: 02-4N-23-0000-0020-002A Legal Description: PARCEL A: COM SW COR N 2095 FT TO POB N 677 FT E 756 FT S 203

General Property Info

Acreage: 18.12 Lot Size (SqFt): 789307 Is Subject Leased: No

Remarks & Misc

Remarks: 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.

Utilities

All Utilities: 1

TransportationAccess

2 – Lane: 1

Status Change Info

Status: Active

Property Features

TransportationAccess: 2 – Lane Utilities: All Utilities
Listing Office: NAI TALCOR
Last Updated: February – 09 – 2026
Information deemed reliable but not guaranteed.