Property profile

0 Industrial Dr Crestview, FL 32539

OFF-MARKET
Retail properties & Spaces
48,808 SF
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Property summary

AI-generated overview

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

Verified
Property type Retail properties & Spaces
Total area 48,808 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Industrial Dr Crestview, FL 32539
Crestview metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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