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    85 And Airport Rd Crestview, FL 32536

    For Sale
    Contact for pricing

    12 Acres, Hwy 85 & Airport Rd

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 12.1-acre commercial land parcel presents a prime development opportunity in Crestview, Florida's thriving market. Located at the highly visible, signalized intersection of Highway 85 and Airport Road, this property boasts over 25,500 cars per day passing by. The site is part of Phase II of the new Publix at Northcrest development, offering immediate access to a grocery-anchored retail center. Several outparcels and retail pad sites are available, providing flexibility for various commercial ventures. The C-1 zoning allows for a wide range of uses. Its strategic location across from Crestview High School and middle school, and near numerous residential areas, restaurants, and national retailers like Walmart, Lowe's, and Publix, ensures high foot traffic and strong consumer demographics. The property's APN is 04-3N-23-0000-0025-0000. This is an ideal investment for developers and investors seeking high-visibility, high-traffic locations in a rapidly growing area. The property's convenient ingress and egress further enhance its appeal. This location offers unparalleled access to a significant consumer base in Okaloosa County, Florida, with a zip code of 32536. The property's latitude and longitude coordinates are 30.7948195 and -86.557376 respectively.

    Property Features for 85 And Airport Rd

    General Information

    Property type
    Land
    Lot Size
    527,076 SF

    HighLights

    • 12.1‑acre commercial land parcel in Crestview, FL's thriving market, located at the signalized intersection of Hwy 85 and Airport Rd.
    • High‑traffic location with over 25,500 cars daily on Hwy 85.
    • High visibility on Hwy 85/Ferdon Blvd at a signalized intersection.
    • Desirable retail location in Crestview, adjacent to a new Publix‑anchored retail center with available outparcels and retail pads.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Crestview
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.557376
    Latitude
    30.7948195

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    FAQs

    What type of property is this?
    Land - 12 Acres, Hwy 85 & Airport Rd
    Where is this land located?
    The property is located at 85 And Airport Rd Crestview, FL.
    What are key features of this property?
    This property features: 12.1-acre commercial land parcel in Crestview, FL's thriving market, located at the signalized intersection of Hwy 85 and Airport Rd.; High-traffic location with over 25,500 cars daily on Hwy 85.; High visibility on Hwy 85/Ferdon Blvd at a signalized intersection.
    (850) 977-6991
    Request Owner's contact information
    85 And Airport Rd Crestview, FL 32536
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    Crestview, FL 32536
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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
    85 And Airport Rd Crestview, FL 32536
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