0 Highway 393 Crestview, FL 32539
This exceptional 2.52-acre commercial land parcel presents a unique investment opportunity in Crestview, Florida. Located on Highway 393, the property boasts 360 linear feet of coveted road frontage, providing excellent visibility and accessibility. The strategic location within the Crestview Market Area, situated between Interstate 10 and Highway 90, ensures high traffic volume and convenient access to major transportation arteries. The property is zoned Commercial/MU, offering a wide range of development possibilities for businesses seeking a prominent location. This expansive lot provides ample space for various commercial ventures, from retail establishments and restaurants to office buildings and light industrial uses. The asking price for this prime commercial land is $508,000. Its ideal location and flexible zoning make it an attractive proposition for investors and developers seeking to capitalize on the growing Crestview market. The property's size and highway frontage offer significant potential for substantial returns. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land opportunity in Okaloosa County, Florida, zip code 32539. The coordinates are 30.8318041 latitude and -86.4074359 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.