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    OFF-MARKET
    Land

    393 Hwy, Crestview, FL 32539

    598 ac lot
    Property ID
    Property summary
    AI-generated overview

    This expansive 598-acre property presents a unique investment opportunity in the desirable Dorcus/Deerland area of Crestview, Florida. Located conveniently near the Okaloosa and Walton County line, approximately six miles north of Highway 90, this land offers unparalleled potential for agricultural pursuits or recreational activities. The property comprises five contiguous parcels, providing flexibility and scalability for various development plans. Its strategic location along County Highway 393 ensures excellent accessibility and visibility. The asking price for this substantial landholding is $15,000,000. Ideal for large-scale farming operations, hunting preserves, or a combination of both, this property boasts a significant acreage and prime location. The land's zoning and potential uses should be independently verified. Detailed surveys and environmental reports are available upon request. This is a rare opportunity to acquire a substantial tract of land in a rapidly developing region of Florida, offering both immediate and long-term investment potential. The property's size and location make it an attractive proposition for discerning buyers seeking a significant land investment in Northwest Florida. Serious inquiries only.

    Property profile
    Verified
    Property type Land
    Lot 598 ac (26,048,880 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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