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Retail Property on South Hwy 85
For Sale
$1,000,000
Pending

592 S Ferdon Boulevard, Crestview, FL 32536

Retail property with high visibility and income-producing billboard.

Property Size1,122 SF
Lot Size1.13 Acres
Days on Market848

Property Features for 592 S Ferdon Boulevard

General Information

Standard status Pending
Size 1,122 SF
Lot size 1.13 Acres
Property subtype Commercial
Listing Agency: ERA AMERICAN REAL ESTATE
Listed By: WILHELM TEAM
Source: Corcoran
Added: Apr 17, 2024 Changed: Aug 8 Last Checked: Jul 23 at 9:16AM

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 ERA AMERICAN REAL ESTATE

Investment Insights

Based on property information with market context.

This property features a high-visibility location on South Hwy 85, with frontage on both Hwy 85 and Main Street. It includes two buildings currently rented on a month-to-month basis without leases. The building at 592 S Ferdon is 1122 square feet and was built in 1955, with an effective year built of 1990. The building at 567 Main St is 813 square feet and was built in 1970, with an effective year built of 1990. Additionally, the property includes an electronic billboard that is currently under lease, providing an income stream.

Key Highlights

  • High visibility location on South Hwy 85, fronting both Hwy 85 and Main Street.
  • Income‑generating property with two rented buildings and an electronic billboard lease.
  • Two buildings included: 592 S Ferdon (1122 SF) and 567 Main St (813 SF).

Property Analytics

Current Use

Adams Interior Design/Nexthome General Contractor Sweet Southern Vapes ... (Bike/Boat/Book/etc) Store Jay's Esthetics Spa & Massage Center

Suggested Use

Top Pick Parking Lot & Garage Computer & Electronic Repair Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store Tech Support Center

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

852
Businesses Nearby
35k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 79% Electronics 10% Dining 8% Home Improvements & Furnishings 3%
Tom Thumb Food Stores Shops & Services
8,519 visits/mo 0.4 miles
Shell Shops & Services
5,049 visits/mo 0.1 miles
O'Reilly Auto Parts Shops & Services
4,620 visits/mo 0.5 miles
Dan's Discount Jewelry and Pawn Shops & Services
3,095 visits/mo 0.3 miles
Domino's Pizza Dining
2,906 visits/mo 0.3 miles

Demographics for 32536, FL

25,807
Population
9,379
Households
2.8
Avg Household Size
34
Median Age
27%
College-Educated
93%
High-School Grad
42.5 sq mi
ZIP Area
607
Density / Sq Mi
$82,643
Median Household Income
$40,845
Median Earnings
$1,351
Median Rent
$280,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • The Petal Barne 648 Wilson St N, Crestview, FL 32536
  • The Flower Basket Florist 897 Wilson St N, Crestview, FL 32536

Frequently Asked Questions

What type of property is this?
Storefront property - Retail property with high visibility and income-producing billboard.
Where is this storefront property located?
The property is located at 592 S Ferdon Boulevard Crestview, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: High visibility location on South Hwy 85, fronting both Hwy 85 and Main Street.; Income‑generating property with two rented buildings and an electronic billboard lease.; Two buildings included: **592 S Ferdon (1122 SF) and 567 Main St (813 SF).**
More about this property
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