One parcel of land in Florida is gaining attention as a promising area for commercial real estate opportunities. This potential commercial real estate site, located in the northern Florida region, features forests and is slated to bring in excess of $1 billion when sold in 2015. The land spans a whopping 560,000 acres.
This tract, which is going on the market, offers a future buyer the opportunity to either sell development rights or to develop the land. The part of the state is largely uninhabited, but as Florida grows in popularity, this area is expected to also experience a surge of interest. If the property can be developed, significant growth is expected to occur there.