90 171.3 Acres Crestview, FL 32539
This exceptional 171.3-acre commercial land parcel presents a significant investment opportunity in Crestview, Florida. Located in Okaloosa County, zip code 32539, this unimproved property is part of a larger land offering totaling over 1,171 acres in the Crestview market area, situated conveniently between Interstate 10 and Highway 90. The property is identified as Magnolia Blossom, a single-family subdivision site. This specific parcel is being sold alongside 22 other individual land parcels ranging in size from 0.19 acres to 320 acres, providing flexibility for various development scenarios. The asking price for this 171.3-acre tract is $1,710,000. Its strategic location and substantial acreage make it ideal for a wide range of commercial ventures. The property's coordinates are 30.7793183 latitude and -86.4794359 longitude. This is a rare opportunity to acquire a large, well-positioned commercial land parcel in a growing Florida market. Further details on the surrounding area and potential development options are available upon request. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.