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    582 S Ferdon Blvd Crestview, FL 32536

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    For Sale
    $1,000,000

    1.13 acres of commercial land in a rapidly expanding market.

    Property size:
    2,067 SF
    Lot size:
    1.13 Acres

    Property Features for 582 S Ferdon Blvd

    General Information

    Size
    2,067 SF
    Lot size
    1.13 Acres

    Source: Bellcore Commercial LLC Agent Harry Bell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in Crestview

    A prime opportunity exists for developers in Crestview's rapidly expanding market, with approximately 1.13 acres of commercial land available for purchase. The property includes two buildings: one housing Sweet Southern Vapes with 1,176 square feet and another housing Lawrence Kramer’s Upholstery with 891 square feet. Lawrence Kramer’s Upholstery has been in business for nearly 53 years. The location on Hwy 85/S Ferdon Blvd benefits from high traffic counts exceeding 38,500 AADT. Situated across from Southside Primary School, the site is near residential areas, restaurants, and national retailers, including Walmart, Publix, and Lowe's.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.5651105
    Latitude
    30.7543149

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    FAQs

    What type of property is this?
    Retail space - 1.13 acres of commercial land in a rapidly expanding market.
    Where is this retail space located?
    The property is located at 582 S Ferdon Blvd 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: - 1.13 acres of commercial land in a rapidly expanding market.; - High traffic counts exceeding 38,500 AADT on Hwy 85/S Ferdon Blvd.; - Located in Crestview, across from Southside Primary School.
    (850) 240-0527
    Request Owner's contact information
    582 S 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
    582 S Ferdon Blvd Crestview, FL 32536
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