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Cleared Lot on Highway 9
For Sale
$799,000

401 E Highway 90, Crestview, FL 32539

Triangular commercial lot with road frontage on three sides.

Property SizeContact for details
Lot Size0.99 Acres
Days on Market735

Property Features for 401 E Highway 90

General Information

Standard status Active
Lot size 0.99 Acres
Property subtype Commercial
Listing Agency: THE PROPERTY GROUP 850 INC
Listed By: LAWRENCE M MEDLOCK · License #3412800
Source: Corcoran
Added: Aug 8, 2024 Changed: Aug 8 Last Checked: Aug 8 at 1:41PM

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 THE PROPERTY GROUP 850 INC

Investment Insights

Based on property information with market context.

This triangular-shaped commercial property, just under one acre, features road frontage on three sides. Situated on Highway 9, it is located between Brooklyn Barn and Grill and Twin Hills Park. The old building has been removed, and the lot is now cleared and ready for construction. A drawing in the document section illustrates the potential commercial building size that is possible on this lot. A billboard on the property generates rental income that covers the annual taxes. The property is being conveyed AS-IS. Buyers are advised to verify all information deemed important.

Key Highlights

  • High visibility due to road frontage on three sides
  • Billboard rent covers annual property taxes
  • Cleared lot ready for new construction

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Building Supply Computer & Electronic Repair Storage Facility Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

977
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Triangular commercial lot with road frontage on three sides.
Where is this commercial land located?
The property is located at 401 E Highway 90 Crestview, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: High visibility due to road frontage on three sides; Billboard rent covers annual property taxes; Cleared lot ready for new construction
More about this property
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