0 Highway 393 Crestview, FL 32539
This 2.49-acre parcel in Crestview, Florida (Okaloosa County, zip code 32539) is zoned C-1 and offers a unique investment opportunity. The property, located on Hwy 393, is fully engineered and entitled for development, with completed civil plans in place. Utilities are readily available. The site's design accommodates a 10-slip RV park, capitalizing on its proximity to three nearby military bases and the Shoal River. This location presents a compelling opportunity for a tranquil, amenity-rich RV park catering to travelers seeking a serene escape. The land itself is situated in a wooded area, offering a naturally beautiful setting. The property's APN is 35-4N-22-0000-0017-0000. The asking price is $169,000. This is a turnkey opportunity for an investor looking to develop a profitable RV park in a high-demand location. The property is ready for immediate development, eliminating lengthy permitting processes. The existing plans provide a solid foundation for a successful venture, minimizing upfront development costs and risks. This is an exceptional opportunity to acquire a fully prepared commercial property in a desirable area of Florida.
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
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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.