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    582 S ferdon boulevard Crestview, FL 32536

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

    Prime 1.13-acre retail site, two buildings, high traffic counts.

    Property size:
    2,711 SF

    Description

    Added:
    Feb 11, 2025
    Days on Market:
    306
    This exceptional commercial property in Crestview, Florida, presents a unique investment opportunity. Encompassing approximately 1.13 acres of land on the highly trafficked S Ferdon Blvd (Hwy 85), this site boasts over 38,500 average annual daily traffic counts. The property includes two existing buildings totaling 2,067 square feet of net rentable space. One tenant, Lawrence Kramer's Upholstery, has operated successfully for nearly 53 years, occupying 891 square feet. The second building, Sweet Southern Vapes, occupies 1,176 square feet. This prime location offers excellent visibility and accessibility, situated across from Southside Primary School and surrounded by a thriving mix of residential areas, restaurants, and major national retailers such as Walmart, Publix, and Lowe's. The property's strategic positioning within Crestview's rapidly expanding market makes it an ideal investment for developers seeking high-return potential. The total building size is 2,711 square feet. This is a rare opportunity to acquire a well-located commercial property with existing tenants in a high-growth area.

    Property Features for 582 S ferdon boulevard

    General Information

    Property type
    Other retail properties
    Square Feet
    2,711 SF
    Price / Square Foot
    $368
    Elevators
    N/A
    Net Rentable
    2,067 SF
    Lot Size
    49,223 SF

    Building Details

    Buildings
    2
    Stories
    1

    HighLights

    • High‑traffic location on Hwy 85/S Ferdon Blvd, exceeding 38,500 AADT.
    • 1.13 acres of commercial land with two existing buildings totaling 2,067 sq ft.
    • Prime Crestview location near schools, restaurants, and major retailers like Walmart & Publix.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -86.56511
    Latitude
    30.754315

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    FAQs

    What type of property is this?
    Other retail property - Prime 1.13-acre retail site, two buildings, high traffic counts.
    Where is this other retail property located?
    The property is located at 582 S ferdon boulevard Crestview, FL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: High-traffic location on Hwy 85/S Ferdon Blvd, exceeding 38,500 AADT.; 1.13 acres of commercial land with two existing buildings totaling 2,067 sq ft.; Prime Crestview location near schools, restaurants, and major retailers like Walmart & Publix.
    (850) 564-0120
    Request Owner's contact information
    582 S ferdon boulevard 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
    582 S ferdon boulevard Crestview, FL 32536
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