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    5908 Houston Ln Crestview, FL 32539

    For Sale
    $5,400,000

    28.92 acres of mixed-use commercial land in Crestview, FL.

    Lot size:
    28.92 Acres

    Property Features for 5908 Houston Ln

    General Information

    Lot size
    28.92 Acres

    Source: NBI Properties Inc

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

    Overview

    28.92 Acres Mixed Use Land

    This is an investment opportunity to purchase 28.92 acres of mixed-use commercial land located in Crestview, Florida. The property has 725 linear feet of frontage on Highway 85 North and over 1,500 linear feet around Houston Lane, wrapping the western, northern, and eastern sides of the property. The land use permits various uses, including assisted living, multi-family, medical, and commercial retail.
    Location Intelligence

    Current Use by Public Records

    Crestview Nurseries Garden Center

    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
    -86.551288
    Latitude
    30.803502

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    FAQs

    What type of property is this?
    Commercial land - 28.92 acres of mixed-use commercial land in Crestview, FL.
    Where is this commercial land located?
    The property is located at 5908 Houston Ln Crestview, FL.
    What is the asking price?
    The asking price for this property is $5,400,000.
    What are key features of this property?
    This property features: - 28.92 acres of Mixed Use Commercial Land in Crestview, FL; - **Excellent Highway 85 North frontage (725 linear feet)**; - Located in a flourishing growth area
    (850) 428-3688
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    5908 Houston Ln 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
    5908 Houston Ln Crestview, FL 32539
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