Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Industrial Dr Crestview, FL 32539

    For Lease
    Contact for pricing

    Three buildings, high visibility, flexible space.

    Lot size:
    48,808 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    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 Features for 0 Industrial Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    48,808 SF

    Building Details

    Buildings
    3

    Unit(s) available at that property

    Space
    OP 1
    Size
    0 SF
    Space
    OP 2
    Size
    0 SF
    Space
    Retail
    Size
    18,800 SF

    HighLights

    • 5‑mile radius contains 16,185 households.
    • 5‑mile radius boasts an average household income of $96,968.
    • N Ferndon Blvd sees 26,455 vehicles per day.
    • Adjacent to a 48,808 SF Walmart Neighborhood Market and 18,800 SF of additional retail space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Crestview
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.5619559
    Latitude
    30.7762432

    Nearby Similar for Lease

    • $26 SF/Yr
      2,658 SF

      Crestview Retail Space Available

      Prime retail space in thriving Tractor Supply-anchored center.
      352 W James Lee Blvd, Crestview, FL 32536
      View Details
    • $16,800 /Mo
      15,110 SF

      Retail and Restaurant Spaces Available

      Pre-leasing retail and restaurant spaces in Crestview, Florida.
      352 W Hwy 90 Blvd, Crestview, FL 32536
      View Details
    • $14 SF/Yr
      4,500 SF

      Crestview Flex Space For Lease

      4,500 SF commercial flex space with high visibility.
      493 N Ferdon Blvd, Crestview, FL 32536
      View Details
    • $1,050 /Mo

      Crestview Retail or Office Space

      High-traffic corner location suitable for retail or office use.
      1097 S Ferdon Blvd, Crestview, FL 32536
      View Details
    • $24 SF/Yr
      15,310 SF

      Crestview Retail Space Available

      New 15,310 SF Retail Center, 8 Spaces
      352 James Lee Blvd, Crestview, FL 32536
      View Details
    • $210 SF/Yr

      Retail, Office, Warehouse Space

      Versatile space for lease, trade new roof for rent.
      404 W James Lee Blvd, Crestview, FL 32536
      View Details

    FAQs

    What type of property is this?
    Land - Three buildings, high visibility, flexible space.
    Where is this land located?
    The property is located at Industrial Dr Crestview, FL.
    What are key features of this property?
    This property features: 5-mile radius contains 16,185 households.; 5-mile radius boasts an average household income of $96,968.; N Ferndon Blvd sees 26,455 vehicles per day.
    Request Owner's contact information
    Industrial Dr Crestview, FL 32539
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Industrial Dr
    Crestview, FL 32539
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Industrial Dr Crestview, FL 32539
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.