Florida 85

Property feature image
Property gallery image
Property gallery image
Property gallery image
Address: FL-85, Laurel Hill, FL, USA
Florida & Gulf Coast + Land/Development
Created date: January 27, 2026
Date last updated: November 4, 2026
Price: $1,800,000Investment Analyzer NEW!
  • +/-18.12 acres total; +/-11.95 acres uplands
  • $99,338 per acre ($150,000 per buildable acre)
  • +/-500’ frontage along Highway 85
  • Adjacent to 700+ lot Heritage Plantation master-planned community
  • Excellent visibility, convenient access, and strong daily traffic exposure
  • Ideal for retail, service, or blended mixed-use concepts
  • Flexible development potential with mixed-use entitlements in place

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $1,800,000
Lot Size: 18.12 Acres
Opportunity Zone: No
Property Website Click Here
Address: Florida 85, Laurel Hill, FL 32567, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

US Highway 1 & Cottrell Avenue – SEQ

Cocoa, Florida
Florida & Gulf Coast + Land/Development
Price: $7

1621 Royal Palm Avenue

Fort Myers, Florida
Florida & Gulf Coast + Land/Development
Units: 75
Price: $1,350,000

50 Cattlemen Road

Sarasota, Florida
Florida & Gulf Coast + Land/Development

Brokers

View All

Lenders

View All