Property summary
This exceptional retail investment opportunity presents three buildings totaling 48,808 square feet situated on 1.17 to 1.21 acres of land in Crestview, Florida. Located in Okaloosa County, with a convenient address on Industrial Drive, zip code 32539, this property boasts high visibility due to its frontage on North Ferndon Boulevard/HWY 85. The property is comprised of three separate buildings, offering flexible space options. Individual spaces range from a minimum of 18,800 square feet up to a maximum contiguous space of 48,808 square feet. Currently, there is 67,608 square feet of vacant space available, presenting a significant opportunity for multiple tenants or a single large-scale operation. This development is situated within a future +/- 47,808 square foot Walmart Neighborhood Market shopping center, ensuring high traffic and strong consumer presence. The property's location provides excellent access to major roadways and a thriving community, making it an ideal location for a variety of retail businesses. This is a rare opportunity to acquire prime retail space in a high-growth area. The property is classified as Commercial Retail and Land, with multiple tenancy options.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.