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0 Mirage Ave Crestview, FL 32536

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Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional 4.26+/- acre commercial land parcel presents a remarkable investment opportunity in Crestview, Florida. Located in Okaloosa County, zip code 32536, on Mirage Ave., this property boasts a C2 zoning designation, allowing for a variety of commercial uses. Its strategic location near the intersection of I-10 and Hwy 85 offers unparalleled accessibility and visibility. The site is a short drive from the burgeoning Crestview Commons development, ensuring significant future growth potential. Surrounding the property are numerous established businesses, including major retailers like Lowe's, Walmart, and Bealls Outlet, along with hotels (Hampton Inn, Fairfield Inn), restaurants (Chick-fil-A, Applebee's), and medical facilities, creating a high-traffic environment. The ongoing construction of a new city connector road to I-10 and Old Bethel, situated just north of the property, will further enhance accessibility and increase property value. This prime location, coupled with the C2 zoning, makes this 4.26+/- acre lot perfect for a wide range of commercial ventures. Bring your vision and build your future in this thriving area. Asking price: $1,495,000.

Property profile

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Property type Land

Cap rate & NOI

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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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