This exceptional 54.82-acre commercial land parcel presents a significant investment opportunity in the thriving Crestview, Florida market. Located conveniently near Interstate 10 and Highway 90 in Okaloosa County, this property offers unparalleled access to major transportation routes, ensuring high visibility and convenient logistics. The land is currently vacant, providing a blank canvas for a wide range of commercial developments. This specific parcel is part of a larger portfolio of over 1,171 acres of available land, with individual parcels ranging in size from 0.19 acres to 320 acres. The asking price for this particular 54.82-acre tract is $2,000,000. Its strategic location in Crestview, Florida, zip code 32539, (latitude 30.7513664, longitude -86.4440341) makes it ideal for various commercial ventures. The property's size and location offer substantial potential for significant return on investment. Detailed information on the entire land portfolio is available upon request. This is a rare opportunity to acquire a substantial piece of prime commercial real estate in a rapidly growing area. Don't miss out on this chance to secure a valuable asset in a highly desirable location. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.