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    128 John King Rd Crestview, FL 32539

    Source: https://www.saltercompany.com
    For Sale
    $1,375,000

    10-Unit Building, High Occupancy, Great ROI

    Property size:
    8,882 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional investment opportunity presents a 10-unit commercial building totaling 8,040 square feet, situated on a 0.86-acre lot in Crestview, Florida, zip code 32539. Currently 100% occupied, the property generates approximately $9,675 in monthly income. The building's prime location offers convenient access to major roadways including Hwy 85, Hwy 90, and I-10, ensuring high visibility and accessibility for tenants and customers. Its proximity to local amenities such as schools, a hospital, Publix supermarket, and various restaurants further enhances its appeal. The property benefits from its location near the developing Crestview Commons, indicating potential for future growth and increased property value. This is a turnkey investment opportunity with strong current income and significant long-term potential. The building's size is 8,882 square feet, offering ample space for current and future tenants. This property is an excellent addition to any commercial real estate portfolio. Serious inquiries only.

    Property Features for 128 John King Rd

    General Information

    Property type
    Opportunity zone commercial real estate
    Square Feet
    8,882 SF
    Price / Square Foot
    $154
    Class
    C
    Elevators
    N/A
    Net Rentable
    8,040 SF
    Lot Size
    37,631 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 10‑unit commercial building, 8,040 square feet, fully occupied.
    • Generating approximately $9,675 monthly income.
    • Convenient Crestview location near schools, hospital, and major highways.
    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
    State
    Florida
    Longitude
    -86.565209
    Latitude
    30.721867

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    FAQs

    What type of property is this?
    Opportunity zone commercial real estate - 10-Unit Building, High Occupancy, Great ROI
    Where is this opportunity zone 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.
    What are key features of this property?
    This property features: 10-unit commercial building, 8,040 square feet, fully occupied.; Generating approximately $9,675 monthly income.; Convenient Crestview location near schools, hospital, and major highways.
    (850) 564-0120
    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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