0 Highway 393 Crestview, FL 32539
This exceptional 5.3-acre commercial land parcel presents a unique investment opportunity in the thriving Crestview, Florida market. Located on Highway 393, this property boasts 650 linear feet of highway frontage, providing excellent visibility and accessibility. The strategic location sits between Interstate 10 and Highway 90, offering convenient access to major transportation routes. Zoned for mixed-use development, this versatile property allows for a wide range of commercial possibilities, from retail and office spaces to light industrial uses. The asking price is $1,060,000. The expansive lot size provides ample space for substantial development projects, catering to a variety of business needs. Situated in Okaloosa County, Florida, with a zip code of 32539, this property benefits from the area's robust economic growth and strong population base. The latitude and longitude coordinates are 30.8318041 and -86.4074359 respectively. This is a rare opportunity to acquire a significant commercial land holding in a prime location with high development potential. Don't miss out on this chance to secure a valuable asset in a rapidly growing market.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.