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Property profile

0 Highway 393 Crestview, FL 32539

OFF-MARKET
Land
2.49 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 2.49 ac (108,464 SF)

Cap rate & NOI

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

Location

Highway 393 Crestview, FL 32539
Crestview metro
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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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