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Three-Unit Strip Mall
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641 N Ferdon Blvd, Crestview, FL 32536

Strip mall building with three units and two currently leased, supported by heated and cooled space plus storage.

Property Size7,490 SF
Lot Size0.45 Acres
Price / SF$106.14
Days on Market102

Property Features for 641 N Ferdon Blvd

General Information

Standard status Active
Size 7,490 SF
Total Parking Spaces 18
Lot size 0.45 Acres
Property subtype RETAIL

Building Details

Tenancy Multi
Listing Agency: ERA American Real Estate
Listed By: Janet Johnson · License #419424
Source: Moodyscre
Added: Apr 20 Changed: Jul 30 Last Checked: Jul 30 at 10:02AM

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 three-unit strip mall offers approximately 4,080 square feet of heated and cooled space, along with additional storage. The building is configured into three units, with two currently leased, which can support immediate cash flow for an investor or provide an owner-user with leasing flexibility.

The property sits on a .45-acre lot at 641 N Ferdon Blvd in Crestview, Florida. It features approximately 18 parking spaces for tenant and customer access. The location is along Hwy 85 (N Ferdon Blvd), a heavily traveled corridor, with the site positioned just minutes from downtown Crestview and near the new Walmart Marketplace currently under construction.

With commercial frontage on one of Crestview’s main corridors becoming increasingly limited, the property’s existing setup and exposure make it a practical option to evaluate for retail and service tenants looking for convenient, visible space.

Key Highlights

  • Approximately 4,080 SF of heated and cooled space plus additional storage
  • Three‑unit strip mall configuration; two units currently leased
  • .45‑acre lot at 641 N Ferdon Blvd, Crestview, FL 32536

Property Analytics

Current Use

My Sister's Closet Clothing & Fashion Store

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Catering Service Grocery & Convenience Store Pet Grooming Service

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

808
Businesses Nearby
62k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 55% Dining 20% Home Improvements & Furnishings 16% Apparel 9%
Dollar Tree Shops & Services
19,396 visits/mo 0.1 miles
Consolidated Ace Hdwe & Sply Inc Home Improvements & Furnishings
9,755 visits/mo 0.3 miles
Burger King Dining
8,981 visits/mo 0.5 miles
Wells Fargo Shops & Services
6,754 visits/mo 0.5 miles
Goodwill Apparel
5,803 visits/mo 0.5 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
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Frequently Asked Questions

What type of property is this?
Strip mall - Strip mall building with three units and two currently leased, supported by heated and cooled space plus storage.
Where is this strip mall located?
The property is located at 641 N Ferdon Blvd Crestview, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Approximately 4,080 SF of heated and cooled space plus additional storage; Three‑unit strip mall configuration; two units currently leased; .45‑acre lot at 641 N Ferdon Blvd, Crestview, FL 32536
(850) 240-7575 Call to check price and availability
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