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0 Lacey Ln Crestview, FL 32536

OFF-MARKET Land Google Maps
128.57 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 128.57-acre commercial land parcel presents a unique investment opportunity in Crestview, Florida. Located on Lacey Ln, Okaloosa County, with APN 27-3n-24-0000-0005-0000, this property is zoned for Agriculture and County use, offering diverse development potential. Its size and location make it suitable for a variety of uses, including recreation, timber, hunting, or mitigation. The property boasts convenient access via a deeded easement from Lacey Ln and enjoys proximity to the Shoal River and a Water Management area, adding significant recreational appeal. Its strategic location southwest of Crestview places it near the new I-10 bypass at PJ Adams, benefiting from the growth spurred by Phase 3 of Fox Valley's ongoing construction to the south. The area offers easy access to Hwy 85 and I-10, providing convenient access to restaurants, entertainment, and other amenities. Furthermore, its proximity to local schools, hospitals, South Publix, and the upcoming Crestview Commons enhances its desirability. While portions of the land fall within the AE flood zone, other areas are designated as X zones. The asking price for this expansive property is $449,900. This presents a compelling opportunity for investors seeking a large-scale development project or a significant recreational holding in a rapidly growing area of Florida.

Property profile

Verified
Property type Land
Lot 128.57 ac (5,600,509 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

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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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