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    Hwy 85 & Airport Rd Crestview, FL

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    For Sale
    $14,069,880

    Prime commercial land for development in rapidly growing Crestview market.

    Lot size:
    15.00 Acres

    Property Features for Hwy 85 & Airport Rd

    General Information

    Lot size
    15.00 Acres

    Source: Bellcore Commercial LLC Agent Harry Bell

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

    Overview

    Crestview Commercial Land Opportunity

    This is an opportunity to purchase up to approximately 19 acres of commercial land in the rapidly growing Crestview market. The site is an outparcel situated behind a Publix supermarket, representing Phase II of the new Publix at Northcrest development in North Crestview. The development benefits from a location at the signaled intersection of Highway 85 and Airport Road, offering visibility and convenient access. Highway 85, also known as Ferdon Boulevard, serves as the main thoroughfare in Crestview, experiencing traffic counts exceeding 25,500 vehicles per day. The site's location is across the street from Crestview High School and middle school and near residential neighborhoods, national retailers, and restaurants. Nearby retailers and restaurants include Walmart, Staples, Lowe's, At&t, Bealls Outlet, Wendy's, Popeye's Zaxby's, Hardee's, Whataburger, Firehouse Subs, Chic-Fil-A, Taco Bell, Starbucks, Dunkin' Donuts, Panera Bread, Arby's, McDonald's, and Jimmy John's.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Crestview
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.6466812
    Latitude
    30.7434089

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land for development in rapidly growing Crestview market.
    Where is this commercial land located?
    The property is located at Hwy 85 & Airport Rd Crestview, FL.
    What is the asking price?
    The asking price for this property is $14,069,880.
    What are key features of this property?
    This property features: - ±19 Acre commercial land opportunity in rapidly growing Crestview market.; - Located at the signaled major intersection of Hwy 85 and Airport Road with excellent visibility and convenient access.; - Situated behind a brand new Publix in the Northcrest development.
    (850) 240-0527
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    Hwy 85 & Airport Rd Crestview, FL
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    Crestview, FL
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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
    Hwy 85 & Airport Rd Crestview, FL
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