Current Use by Public Records
- Commercial real estate
Property Details for 320-370 Redstone Ave
- Lot size
- 1.97 lot acres
- Property type
- Commercial real estate
Description
This exceptional 15,000 square foot medical office complex in Crestview, FL presents a unique investment opportunity. Strategically located less than a mile from a local hospital and with convenient access to I-10 Hwy, this property enjoys a high-traffic location within a rapidly growing community. The 1.97-acre lot houses three separate 5,000 square foot medical offices, two of which are currently occupied by long-term tenants, providing a stable income stream. This ensures immediate return on investment for the buyer. The existing tenants contribute to the property's strong financial performance. Furthermore, a significant advantage is the availability of 5,000 square feet of customizable space. A contractor is available on-site to assist in designing and building a medical office tailored to your specific needs. The property's proximity to the upcoming Crestview Commons development further enhances its value and potential for future growth. This is a rare chance to acquire a substantial asset in a thriving healthcare market, offering both immediate income and the flexibility to expand your practice or tailor the space to attract high-value tenants. The asking price for this exceptional property is $5,900,000. This represents a compelling investment opportunity in a dynamic and expanding market.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Crestview
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.5677
- Latitude
- 30.7369
