4840 S Ferdon Blvd, Crestview, FL

Listing office Coldwell Banker Commercial Realty m***@gmail.com Show Phone

Listing date Nov 21, 2020

Source Moodyscre

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Overview

This property features approximately 6.69 acres of C-2 zoned land at the intersection of Highway 85 and PJ Adams, anchored by Circle K. The site benefits from a lighted hard corner. Crestview, the largest city in the FWB-Crestview-Destin Metro Statistical Area, is one mile south of I-10. The intersection of SR 85 and PJ Adams experiences a combined traffic count of 60,300 vehicles. The 919th Special Operation Wing is located 6 miles to the south, and Bob Sikes Airport is 7.5 miles to the northeast. The property is situated at the PJ Adams Parkway Four Lane/New I-10 Interchange Project, which is expected to open approximately 300 acres within Crestview for commercial economic development and 1,800 acres for residential development. The current Average Annual Daily Traffic (AADT) on PJ Adams is 18,300, and the AADT on S. Ferdon Blvd (SR 85) is 42,000. Within a 5-mile radius, the total population is 42,243, with an average household income of $89,555.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

• Map
• Local Demand

City

Crestview

County

Okaloosa

State

Florida

Longitude

-86.5706

Latitude

30.714

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FAQs

What type of property is this?

Commercial land - 6.69 acres at lighted intersection near I-10 and airport.

Where is this commercial land located?

The property is located at 4840 S Ferdon Blvd Crestview, FL.

What is the asking price?

The asking price for this property is $5,850,000.

What are key features of this property?

This property features: Lighted hard corner location anchored by Circle K at Hwy 85 and PJ Adams.; High traffic volume: 60,300 AADT at the intersection of SR 85 & PJ Adams.; Located one mile south of I‑10 in Crestview.