US 231 - Commercial LAND FOR SALE


Cottondale, FL 32431 6,930,832 SF
$5,000,000 USD
404-626-7052
US 231, Cottondale, FL for Sale
$5,000,000 USD
Commercial LAND - FOR SALE
1/1
6,930,832 SF

US 231
Cottondale, FL 32431


OVERVIEW

Alford Park offers a premier mixed-use development opportunity strategically positioned along Highway 231 in Jackson County, Florida. Spanning 159.11 contiguous acres, the property is fully entitled and engineered to accommodate approximately 430 residential lots complemented by 14 acres of commercial frontage. With Phase 1 engineering complete for 110 lots, this project provides a near-term path to lot delivery, minimizing pre-development risk and accelerating time-to-market for builders. This location presents significant upside through the creation of a retail village anchored by grocery and essential services, enhancing both neighborhood convenience and long-term land value. Positioned as one of the largest institutional-level residential developments in the Florida Panhandle, the project draws demand from Panama City commuters, Dothan’s workforce, and Florida retirees. With Century Complete already active in the submarket, the offering benefits from proven builder validation and strong buyer interest for new housing priced well below Florida metro averages. Exceptional highway visibility, regional connectivity to Marianna, Panama City, and Tallahassee, and an undersupplied housing market collectively establish Alford Park as a scalable investment platform. Retail and residential submarkets signal enduring demand for affordable homes priced from the low $200Ks, offering institutional-grade developers a unique foothold in a growing corridor.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/ACRE

$31,425/AC

PRICE/SF

$0.72 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Mixed Use, Single Family Development

LAND ACRES

159.11 AC

LAND SF

6,930,832 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

25-4N-12-0000-0020-0020,36-4N-12-0000-0210-0110

ASK ABOUT THIS PROPERTY

Ryan RamseurTRiCORE Commercial Real EstateMore Info
404-626-7052

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Ryan RamseurTRiCORE Commercial Real EstateMore Info
404-626-7052

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.