Entitled Commercial Land With Storage
New
For Sale
$2,000,000
3065 Adora Teal Way, Crestview, FL 32539
Approved development plans and active permits support a self-storage and covered RV and boat storage project.
Property SizeContact for details
Days on Market5
Property Features for 3065 Adora Teal Way
General Information
Standard status
Active
Property subtype
Industrial
Amenities
Development Order in-hand with civil engineering complete, permits active and site work commenced. Saves an estimated 12–24 months and $400K–$900K versus starting from raw land.
No competing self-storage facility operates within one mile of the site. The nearest competitor is 1.79 miles away and the 1-mile trade area is entirely unserved.
StorageCafe ranks Crestview #2 nationally for self-storage rental income per capita a function of high military turnover, PCS cycles and above-average household incomes.
Williams International's gas-turbine engine plant at Shoal River Ranch completes Phase 1 in December 2026 with 336 direct jobs at a $69,434 average salary, scaling toward 11,000+ regional jobs.
Only one competing facility in the market offers covered RV and boat storage. Canopy product carries the lowest build cost per square foot in the sector, at roughly $32/SF versus $72/SF for climate-controlled.
I-2 zoning and the 92,700 SF Development Order support far more than storage — industrial outdoor storage (IOS), small-bay/flex industrial, contractor and fleet yards, and airport-compatible uses are all viable, with self-storage as one entitled outcome.
Eglin Air Force Base (~11,000 personnel) and Hurlburt Field/AFSOC (~9,000 personnel) anchor a county economy with 2.49% annual population growth and a #5 national workforce attraction ranking.
I-2 Airport Industrial zoning permits self-storage, RV/boat storage, warehousing and outdoor storage by right. Future Land Use is Industrial and fully consistent — no rezoning required.
Listing Agency:
Marcus & Millichap Tampa
(813) 387-4759
Listed By:
Jose Petit-Frere · License #License(s): FL: SL3487945, TX: 812869
(813) 387-4759
Source:
Marcusmillichap
Added: Aug 8
Changed: Aug 11
Last Checked: Aug 12 at 3:13AM
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 Marcus & Millichap Tampa
Investment Insights
Based on property information with market context.
This 4.99-acre commercial land tract is positioned for development as a self-storage and RV and boat storage facility. An approved Development Order provides for 92,700 square feet across five enclosed storage buildings and a covered RV and boat storage canopy. Civil engineering is complete, permits remain active, and grading has begun on the site.
The property is located at 3065 Adora Teal Way in Crestview, Florida. No competing storage facility is located within one mile, while 11 facilities operate within five miles; only one of those facilities offers covered RV and boat storage. The site is also offered as part of an 8.24-acre assemblage, providing an additional configuration for consideration.
The property is located at 3065 Adora Teal Way in Crestview, Florida. No competing storage facility is located within one mile, while 11 facilities operate within five miles; only one of those facilities offers covered RV and boat storage. The site is also offered as part of an 8.24-acre assemblage, providing an additional configuration for consideration.
Key Highlights
- 4.99‑acre commercial land site at 3065 Adora Teal Way, Crestview, FL 32539
- Approved Development Order for 92,700 SF of storage improvements
- Five enclosed storage buildings plus a covered RV/boat storage canopy
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
61
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Approved development plans and active permits support a self-storage and covered RV and boat storage project.
Where is this commercial land located?
The property is located at 3065 Adora Teal Way Crestview, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 4.99‑acre commercial land site at 3065 Adora Teal Way, Crestview, FL 32539; Approved Development Order for 92,700 SF of storage improvements; Five enclosed storage buildings plus a covered RV/boat storage canopy
