0 Xxx Brookmeade Dr Crestview, FL 32539
This exceptional 8.11-acre property in Crestview, Florida, presents a unique investment opportunity. Located at XXX Brookmeade Dr, 32539, Okaloosa County, this land comprises three parcels offering flexible development potential. The front parcel, spanning 3.78 acres, is zoned for commercial use, ideal for a variety of businesses. This provides excellent visibility and accessibility. The remaining two parcels, totaling 4.33 acres (1.2 acres and 3.13 acres), are zoned residential, opening possibilities for complementary residential development or strategic land banking. The property's location in Crestview, FL, offers access to a growing community and convenient transportation links. With its combined commercial and residential zoning, this property is well-suited for mixed-use development, allowing for creative and potentially lucrative projects. The latitude and longitude coordinates are 30.7368804, -86.560052 respectively. The asking price for this significant land holding is $1,100,000. Don't miss this chance to acquire a versatile property with substantial growth potential in a desirable Florida location.
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.
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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.