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    226 Coleman St Crestview, FL 32536

    For Sale
    $275,000

    Versatile 1900 sq ft, six rooms, prime location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property, situated at 226 Coleman Street Unit 226 in Crestview, Florida, presents a unique investment opportunity. Spanning approximately 1900 square feet, the building boasts six distinct rooms, offering unparalleled flexibility for a variety of commercial uses. The layout allows for easy division and separate rental of individual spaces, maximizing rental income potential and providing a strong return on investment. The property sits on a 0.33-acre lot, providing ample space for potential expansion or outdoor use. Its strategic location near recently completed developments and convenient access to the new bypass ensures high visibility and easy accessibility for customers and employees. While requiring some cosmetic updates ("TLC"), this property's inherent versatility and prime location make it an ideal investment for savvy entrepreneurs seeking a high-return opportunity in a rapidly growing area. The asking price is $275,000. This represents a significant opportunity to acquire a well-positioned commercial property with substantial upside potential in a thriving market. Serious inquiries are encouraged.

    Property Features for 226 Coleman St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    14,375 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Crestview
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.57995
    Latitude
    30.76463

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 1900 sq ft, six rooms, prime location.
    Where is this commercial real estate located?
    The property is located at 226 Coleman St Crestview, FL.
    What is the asking price?
    The asking price for this property is $275,000.
    (850) 682-4822
    Request Owner's contact information
    226 Coleman St Crestview, FL 32536
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    Crestview, FL 32536
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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
    226 Coleman St Crestview, FL 32536
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