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    4253 Hugo Ln Crestview, FL 32539

    For Sale
    $2,795,000

    8-acre commercial property with multiple access points in high-growth area.

    Lot size:
    8.00 Acres

    Property Features for 4253 Hugo Ln

    General Information

    Lot size
    8.00 Acres

    Source: NBI Properties, Inc. Agent Dustin Parkman

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

    Overview

    Commercial Property in Crestview, FL

    An 8-acre commercial property is available for purchase in Crestview, Florida. The property, comprised of multiple parcels, features three points of ingress and egress: Hugo Lane to the south, South Ferdon Boulevard/Highway 85, and Live Oak Church Road, which provides secondary access to bypass traffic along Highway 85. The average annual daily traffic (AADT) count is 41,000. Crestview, Florida, is experiencing high growth, attracting multiple national tenants opening additional locations and investment into city infrastructure. The area also benefits from expanding education systems, a strong military market, and the development of Shoal River Ranch, an industrial real estate gigasite.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    -84.2227101
    Latitude
    30.4040712

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    FAQs

    What type of property is this?
    Commercial land - 8-acre commercial property with multiple access points in high-growth area.
    Where is this commercial land located?
    The property is located at 4253 Hugo Ln Crestview, FL.
    What is the asking price?
    The asking price for this property is $2,795,000.
    What are key features of this property?
    This property features: - 8-acre commercial property in Crestview, FL, a high-growth market; - Three points of ingress/egress: Hugo Lane, S Ferdon Blvd/Highway 85, and Live Oak Church Rd; - Located in a market with strong military presence and expanding education systems
    (850) 218-8468
    Request Owner's contact information
    4253 Hugo Ln Crestview, FL 32539
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    Crestview, FL 32539
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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
    4253 Hugo Ln Crestview, FL 32539
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