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Property profile & analytics
FOR LEASE
Grocery and convenience stores

1390 N Ferdon Blvd Crestview, FL 32536

5,916 SF 1 ac lot Built 1988
Entity Owned 3-yr Hold Free & Clear
Property ID
US18-3162440
Property summary
AI-generated overview

This exceptional one-acre commercial land parcel presents a unique opportunity for businesses seeking a prime location in Crestview, Florida. Situated at 1390 N Ferdon Blvd, this single-tenant property offers unparalleled potential for development. The land is located in Okaloosa County, Florida, and boasts a convenient address with excellent visibility and accessibility. With a total land area of one acre, this property provides ample space for a variety of commercial ventures. The zoning allows for a wide range of uses, making it an ideal investment for entrepreneurs and established businesses alike. The property's strategic location offers easy access to major transportation routes, ensuring convenient commutes for employees and customers. This outparcel presents a blank canvas for creating a thriving commercial enterprise, capitalizing on the growing economic activity in the area. The property is ready for immediate development, eliminating lengthy delays and allowing businesses to quickly establish their presence. This is a rare opportunity to secure a prime commercial land parcel in a thriving Florida community. The property's single-tenant designation ensures exclusive use and control, providing a streamlined and efficient business environment. Interested parties are encouraged to act quickly to secure this exceptional investment opportunity. The property is located in zip code 32536.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1988
Construction STEEL FRAME
Total area 5,916 SF
Lot 1 ac (43,767 SF)
APN 04-3N-23-0000-0026-0010
UPID US18-3162440
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Western Union Bank Credit Union
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Crestview Marketplace Shopping Center & Mall
  • Tom Thumb Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Obsidian Ml 1 LLC · 3 yrs held
Obsidian Ml 1 LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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