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    5740 Highway 85 N Crestview, FL 32536

    For Sale
    $800,000

    Nearly 2 acres of commercial land with high traffic.

    Lot size:
    1.89 Acres

    Property Features for 5740 Highway 85 N

    General Information

    Lot size
    1.89 Acres

    Source: ERA American Real Estate

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

    Overview

    Commercial Land on Highway 85

    This listing features nearly 2 acres of commercial land situated just north of the Northcrest Plaza and Winn-Dixie Plaza on Highway 85. The location benefits from a high daily traffic count along this busy stretch of highway. Zoned C-1, the property offers a range of potential uses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Crestview
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.5575087
    Latitude
    30.7973119

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    FAQs

    What type of property is this?
    Commercial land - Nearly 2 acres of commercial land with high traffic.
    Where is this commercial land located?
    The property is located at 5740 Highway 85 N Crestview, FL.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Prime commercial location on Hwy 85, north of Northcrest Plaza and Winn-Dixie Plaza.; - High daily traffic count on a busy highway.; - Approximately 2 acres of land.
    (850) 240-7575
    Request Owner's contact information
    5740 Highway 85 N Crestview, FL 32536
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    Crestview, FL 32536
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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
    5740 Highway 85 N Crestview, FL 32536
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