5908 Houston Ln Crestview, FL 32539
- Land
- 28.92 lot acres
Current Use by Public Records
- Crestview Nurseries / Garden Center / Plant Nursery
Property Details for 5908 Houston Ln
- Lot size
- 28.92 lot acres
- Property type
- Land
Description
This exceptional 28.92-acre commercial land parcel presents a significant investment opportunity in Crestview, Florida. Located at 5908 Houston Lane, this property offers unparalleled access and visibility due to its strategic location. Boasting 725 linear feet of frontage on Highway 85 North and over 1,500 linear feet along Houston Lane, the property enjoys excellent traffic flow and accessibility. The expansive lot wraps around the western, northern, and eastern sides, maximizing exposure and potential development options. Zoned for mixed-use development, this land is ideally suited for a variety of commercial ventures. Permitted uses include, but are not limited to, assisted living facilities, multi-family residential, medical offices, and commercial retail spaces. The property's size and location in a thriving growth area of Okaloosa County, Florida (zip code 32539), make it an attractive proposition for investors seeking high-return potential. The asking price for this prime commercial land is $5,400,000. Broker co-op is available. This is a rare opportunity to acquire a substantial tract of land with significant development potential in a rapidly growing Florida market. The property's unique configuration and high visibility make it an ideal location for a variety of commercial uses, promising strong returns on investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Crestview
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.5505
- Latitude
- 30.8027
