0 Highway 90 Crestview, FL 32539
This exceptional 161.74-acre parcel presents a remarkable investment opportunity in the thriving Crestview, Florida market. Strategically located on Highway 90, this property boasts an impressive 5,900 linear feet of highway frontage, offering unparalleled visibility and accessibility. Zoned for mixed-use development, the possibilities are vast, allowing for a diverse range of commercial ventures. The expansive lot size provides ample space for large-scale projects, while the prime location ensures high traffic volume and strong potential for return on investment. Situated in Okaloosa County, Florida, with a zip code of 32539, this property is conveniently located between Interstate 10 and Highway 90, providing easy access to major transportation routes. The asking price for this significant land holding is $17,000,000. This is a rare chance to acquire a substantial tract of land with exceptional commercial potential in a rapidly growing area. The future land use designation is specifically for commercial mixed-use development, ensuring flexibility and diverse development options. Don't miss this opportunity to secure a prime piece of real estate in Crestview, Florida.
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.