Search
Commercial Land with Highway Frontage
For Sale
$500,000

Walnut E Avenue lot 5 & 6, Crestview, FL 32539

Commercial for Sale, Crestview, FL

Property SizeContact for details
Lot Size0.30 Acres
Days on Market344

Property Features for Walnut E Avenue lot 5 & 6

General Information

Property type Commercial Sale
Property subtype Other
Directions Located on the corner of Walnut Ave and South Ferdon Blvd.
Subdivision 25 - Crestview Area
Standard status Active
APN 17-3N-23-2490-0092-0050
Lot size 0.30 Acres

Taxes and HOA fees

Tax Description CRESTVIEW LOTS 5 & 6 BLK 92 AND N1/2 ADJ VAC ALLEY AS PER OR 2722- 2874
Legal Description CRESTVIEW LOTS 5 & 6 BLK 92 AND N1/2 ADJ VAC ALLEY AS PER OR 2722- 2874
Listing Agency: RE/MAX Agency One · RE/MAX International
Listed By: Team Laurie & Lori · License #619665
Added: Oct 3, 2025 Changed: Sep 11 Last Checked: Sep 11 at 4:06PM
MLS# 986820

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land offering includes two lots identified as Lots 5 and 6 on Walnut E Avenue in Crestview, Florida. The combined site measures 0.3 acres and carries 140 feet of frontage along Hwy 85 S.

The property is situated in the center of Crestview, within Okaloosa County and the 32539 postal area. Its commercial land classification and highway frontage provide a clearly defined site for evaluation by businesses, developers, or other commercial users.

Key Highlights

  • Two commercial lots identified as Lots 5 and 6
  • 0.3‑acre combined commercial land offering
  • 140 feet of frontage on Hwy 85 S

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Computer & Electronic Repair Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

994
Businesses Nearby

Demographics for 32539, FL

31,749
Population
12,642
Households
2.5
Avg Household Size
37
Median Age
24%
College-Educated
93%
High-School Grad
127.9 sq mi
ZIP Area
248
Density / Sq Mi
$72,521
Median Household Income
$40,064
Median Earnings
$1,323
Median Rent
$272,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Two commercial lots totaling 0.3 acres along Hwy 85 S in central Crestview.
Where is this commercial land located?
The property is located at Walnut E Avenue lot 5 & 6 Crestview, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two commercial lots identified as Lots 5 and 6; 0.3‑acre combined commercial land offering; 140 feet of frontage on Hwy 85 S
More about this property
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