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Crestview Residential Development Opportunity
For Sale
$3,300,000

00 Garrett Pit Road, Crestview, FL 32536

60-acre residential development site in Crestview, Florida.

Property SizeContact for details
Lot Size60.00 Acres
Days on Market231

Property Features for 00 Garrett Pit Road

General Information

Standard status Active
Lot size 60.00 Acres
Property subtype Commercial
Listing Agency: NAI TALCOR
Listed By: ANDERSON J BROOKS · License ##SL3610747
Source: Corcoran
Added: Jan 12 Changed: Aug 31 Last Checked: Aug 30 at 7:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI TALCOR

Investment Insights

Based on property information with market context.

The Phillips Portfolio offers an investment opportunity in a dynamic growth market. Included in this portfolio is Cherry Brook, a +/-60 acre single-family residential development site located in Crestview, Florida. The site is near schools and commercial amenities. The western side of Crestview has experienced increased demand for commercial and residential real estate due to the connection of PJ Adams Parkway with Interstate 10. The Cherry Brook subdivision is located off PJ Adams. With over 90% of entitlement and permitting in place, the site can be ready for construction within weeks.

Key Highlights

  • Portfolio of 43 high‑value assets across residential, commercial, and industrial sectors in Northwest Florida.
  • Includes income‑producing properties, in‑process developments, and greenfield land.
  • Offers above‑market return opportunities across immediate, medium, and long‑term investment horizons.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Law Firm Big Box & Wholesale Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby

Demographics for 32536, FL

25,807
Population
9,379
Households
2.8
Avg Household Size
34
Median Age
27%
College-Educated
93%
High-School Grad
42.5 sq mi
ZIP Area
607
Density / Sq Mi
$82,643
Median Household Income
$40,845
Median Earnings
$1,351
Median Rent
$280,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 60-acre residential development site in Crestview, Florida.
Where is this residential land & home lot located?
The property is located at 00 Garrett Pit Road Crestview, FL.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Portfolio of 43 high‑value assets across residential, commercial, and industrial sectors in Northwest Florida.; Includes income‑producing properties, in‑process developments, and greenfield land.; Offers above‑market return opportunities across immediate, medium, and long‑term investment horizons.
More about this property
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