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    1202 N Ferdon Blvd Crestview, FL 32536

    Source: https://www.saltercompany.com
    For Sale
    $475,000

    High-traffic corner lot, 2,146 SF building.

    Property size:
    2,146 SF

    Description

    Added:
    Feb 6, 2025
    Days on Market:
    303
    This 2,146 square foot commercial building sits on a 0.35-acre corner lot in Crestview, Florida, at 1202 N Ferdon Blvd, 32536. Its prime location near Crestview High School, Publix, a soon-to-open Wal-Mart Marketplace, the post office, banks, and numerous other businesses ensures high visibility and substantial daily traffic. Previously used as a car wash and more recently as a drive-through coffee shop, this versatile property presents a fantastic investment opportunity. The building offers 2,106 square feet of net usable space, making it suitable for a variety of commercial uses. The property's strategic location within a thriving commercial area offers significant potential for growth and return on investment. The asking price is $475,000. Serious inquiries only. This is a rare chance to acquire a well-situated commercial property in a rapidly developing area of Crestview. The property's adaptability and high-traffic location make it an attractive prospect for savvy investors seeking a strong foothold in the Okaloosa County market.

    Property Features for 1202 N Ferdon Blvd

    General Information

    Property type
    Other retail properties
    Square Feet
    2,146 SF
    Price / Square Foot
    $221
    Elevators
    N/A
    Net Rentable
    2,106 SF
    Lot Size
    15,274 SF

    Building Details

    Year Built
    1988
    Buildings
    1
    Stories
    1

    HighLights

    • 2,146 sq ft building on a 0.35‑acre corner lot in high‑traffic Crestview, FL.
    • Prime location near Crestview High, Publix, and the future Wal‑Mart.
    • Previously a car wash and coffee shop, ideal for various commercial uses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Crestview 24 hr ... Ice Supplier Local Drip Coffee Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Crestview
    State
    Florida
    Longitude
    -86.560167
    Latitude
    30.784771

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    FAQs

    What type of property is this?
    Other retail property - High-traffic corner lot, 2,146 SF building.
    Where is this other retail property located?
    The property is located at 1202 N Ferdon Blvd Crestview, FL.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: 2,146 sq ft building on a 0.35-acre corner lot in high-traffic Crestview, FL.; Prime location near Crestview High, Publix, and the future Wal-Mart.; Previously a car wash and coffee shop, ideal for various commercial uses.
    (850) 564-0120
    Request Owner's contact information
    1202 N Ferdon Blvd 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
    1202 N Ferdon Blvd Crestview, FL 32536
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