Crestview Land For
For Sale
$600,000
5AC Victory Lane, Crestview, FL 32539
5-acre mixed-use land in Crestview, FL, near new developments.
Property SizeContact for details
Lot Size5.00 Acres
Days on Market514
Property Features for 5AC Victory Lane
General Information
Standard status
Active
Lot size
5.00 Acres
Property subtype
Commercial
Listing Agency:
NBI PROPERTIES INC
(850) 243-0007
Listed By:
DUSTIN PARKMAN · License #3307056
Source:
Corcoran
Added: Apr 4, 2025
Changed: Aug 27
Last Checked: Aug 29 at 7:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NBI PROPERTIES INC
Investment Insights
Based on property information with market context.
A 5-acre property is available for sale in Crestview, Florida. Located within the city limits, the land is zoned for mixed-use development, allowing a residential density of 20 units per acre and a Floor Area Ratio (FAR) of 2.0. The site has access to public water and sewer via Victory Lane. A residential neighborhood, currently developed by Lennar (formerly Rausch Coleman), is located immediately to the east of the property. Situated in a rapidly developing area along Highway 90 E, the location is near the Shoal River Ranch Gigasite. Central Maloney, a transformer manufacturer, has a planned 300,000 square foot facility with 350 manufacturing jobs planned nearby. This property presents a development opportunity for residential and ancillary commercial projects.
Key Highlights
- Zoned Mixed‑Use with high residential density, allowing for significant development potential.
- Located in a fast‑developing area of Crestview, near Highway 90 E.
- Adjacent to a new residential neighborhood being developed by Lennar.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
Explore this area
Business Placement
Demographics for 32539, FL
31,749
Population
12,642
Households
2.5
Avg Household Size
37
Median Age
24%
College-Educated
93%
High-School Grad
127.9 sq mi
ZIP Area
248
Density / Sq Mi
$72,521
Median Household Income
$40,064
Median Earnings
$1,323
Median Rent
$272,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 5-acre mixed-use land in Crestview, FL, near new developments.
Where is this commercial land located?
The property is located at 5AC Victory Lane Crestview, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Zoned Mixed‑Use with high residential density, allowing for significant development potential.; Located in a fast‑developing area of Crestview, near Highway 90 E.; Adjacent to a new residential neighborhood being developed by Lennar.
