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    128 John King Rd Crestview, FL 32539

    For Sale
    $1,375,000

    Ten-Unit, 100% Occupied, Strong ROI

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional investment opportunity presents a ten-unit commercial building in Crestview, Florida, situated on a 0.86-acre lot at 128 John King Road, Unit 128. Currently boasting 100% occupancy, the property generates a substantial annual income of approximately $127,860. Its strategic location south of Crestview offers excellent visibility and accessibility. The property benefits from its proximity to key amenities including local schools, a hospital, a Publix supermarket, numerous restaurants, and the forthcoming Crestview Commons development. Major transportation arteries such as Highway 85, Highway 90, and Interstate 10 are also conveniently close by. This presents a rare chance to acquire a stable, high-performing commercial asset in a growing area. The building's strong tenant base and consistent cash flow make it an attractive investment for both seasoned and emerging investors seeking a secure and profitable venture. The property's location within a vibrant community ensures continued growth potential and a strong return on investment. Further details regarding the building's square footage and specific tenant information are available upon request. This is a turnkey investment ready for immediate income generation. Don't miss this opportunity to secure a valuable asset in a thriving market. The asking price is $1,375,000.

    Property Features for 128 John King Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    37,462 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alterations By Ayfer Clothing Alteration Service Red 7 Tees Custom T-Shirt Store Dr. Henry A. Boilini, ... Psychiatrist KawaiiCo Lashes & Brows Eyelash Salon Jason E. Cooper, ... Doctor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Crestview
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.56516
    Latitude
    30.7219

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    FAQs

    What type of property is this?
    Commercial real estate - Ten-Unit, 100% Occupied, Strong ROI
    Where is this commercial real estate located?
    The property is located at 128 John King Rd Crestview, FL.
    What is the asking price?
    The asking price for this property is $1,375,000.
    (850) 682-8309
    Request Owner's contact information
    128 John King Rd Crestview, FL 32539
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    Crestview, FL 32539
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    128 John King Rd Crestview, FL 32539
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