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1 2Nd Ave Crestview, FL 32536

OFF-MARKET Commercial real estate Google Maps
0.5 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional investment opportunity encompasses three contiguous lots totaling approximately half an acre (0.5 acres) located on West Juniper Avenue in Crestview, Florida. These lots, identified as Lots 1, 2, and 3, present a unique chance to develop a mixed-use project. The property's zoning designation, Mixed Use, by the City of Crestview, allows for a blend of residential and low-intensity commercial uses, providing significant flexibility for potential development plans. This versatility opens doors to a wide range of possibilities, from small-scale retail or office spaces to complementary residential units. The lots are conveniently situated with access to city utilities, including power, sewer, and water. While connections are currently unavailable, the infrastructure is readily accessible, simplifying the development process. The asking price for this prime parcel is $115,000, representing a compelling entry point into the Crestview commercial real estate market. This is an ideal opportunity for investors seeking to capitalize on the growing demand for mixed-use properties in a thriving community. The combined acreage and flexible zoning make this a highly attractive proposition for developers and investors alike. Act quickly to secure this exceptional investment opportunity.

Property profile

Verified
Property type Commercial real estate
Lot 0.5 ac (21,780 SF)

Cap rate & NOI

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

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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