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    Hwy 393 Hwy Crestview, FL 32539

    For Sale
    $508,000

    Vacant commercial land parcels totaling 2.52 acres for sale.

    Lot size:
    2.54 Acres

    Property Features for Hwy 393 Hwy

    General Information

    Lot size
    2.54 Acres

    Source: NBI Properties Inc

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

    Overview

    Crestview Vacant Land Parcels

    Available for sale are vacant land parcels totaling over 1,171 acres in the Crestview Market Area, situated between Interstate 10 and Highway 90. Specifically, this offering includes two separate parcels totaling 2.52 acres. These parcels feature 360 linear feet of frontage on Co. Hwy 393 and are zoned commercial/MU.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Crestview
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.5389
    Latitude
    30.7891

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    FAQs

    What type of property is this?
    Land - Vacant commercial land parcels totaling 2.52 acres for sale.
    Where is this land located?
    The property is located at Hwy 393 Hwy Crestview, FL.
    What is the asking price?
    The asking price for this property is $508,000.
    What are key features of this property?
    This property features: - 1,171 acres offering substantial development potential; - Zoned Commercial/MU, offering diverse usage possibilities; - Located in the Crestview Market Area
    (850) 428-3688
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    Hwy 393 Hwy 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
    Hwy 393 Hwy Crestview, FL 32539
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