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    696 Wilson St Crestview, FL 32536

    For Sale
    $459,900

    Multi-Tenant Retail Building, High Occupancy

    Property size:
    4,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 4,200 square foot retail property, located at 696 S Wilson St, Crestview, FL 32536, presents a compelling investment opportunity. Built in 2008, this multi-tenant building boasts 100% occupancy across its two units, each featuring multiple office spaces and a dedicated storage/warehouse area. The property sits on a 0.26-acre lot and is zoned for mixed-use, offering significant versatility for a range of commercial applications. Priced at $459,900 ($109.50/sq ft), this asset benefits from its prime location in the heart of Crestview, near Hwy 85, Hwy 90, and I-10, ensuring excellent accessibility. The surrounding area is experiencing significant growth, with nearby schools, healthcare facilities, restaurants, and the Crestview Commons shopping center. This strategic location, combined with the property's flexible zoning and high occupancy rate, makes it an attractive investment for both established businesses and new ventures seeking a foothold in a thriving Florida market. The APN is 17-3N-23-2490-0133-0120. This is a rare opportunity to acquire a well-situated, high-performing commercial property in a rapidly developing area.

    Property Features for 696 Wilson St

    General Information

    Property type
    Retail properties
    Square Feet
    4,200 SF
    Lot Size
    11,326 SF

    Building Details

    Year Built
    2008
    Units
    2

    HighLights

    • $459,900 asking price for this 4,200 SF retail property.
    • Located at 696 S Wilson St, Crestview, FL 32536.
    • Multi‑tenant property with two units, currently 100% occupied.
    • Features office space and storage/warehouse area.
    • Built in 2008 on a 0.26‑acre lot, with Mixed‑Use zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Crestview
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.5662353
    Latitude
    30.7522016

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    FAQs

    What type of property is this?
    Retail property - Multi-Tenant Retail Building, High Occupancy
    Where is this retail property located?
    The property is located at 696 Wilson St Crestview, FL.
    What is the asking price?
    The asking price for this property is $459,900.
    What are key features of this property?
    This property features: $459,900 asking price for this 4,200 SF retail property.; Located at 696 S Wilson St, Crestview, FL 32536.; Multi-tenant property with two units, currently 100% occupied.
    (850) 398-8898
    Request Owner's contact information
    696 Wilson St 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
    696 Wilson St Crestview, FL 32536
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