292 W Oakdale Ave Crestview, FL 32536
- Commercial real estate
- 2,694 SF
- 0.31 lot acres
Current Use by Public Records
- Class 101 Blackwater / Educational Consultant
Property Details for 292 W Oakdale Ave
- Year built
- 1955
- Construction
- FRAME
- Lot size
- 0.31 lot acres
- Property size
- 2,694 SF
- Zone code
- C-1
- Property type
- Commercial real estate
- APN
- 17-3N-23-2490-0067-0090
- APU
- 173N23249000670090
Description
This exceptional commercial property at 292 W Oakdale Avenue, Unit 292, Crestview, FL, presents a unique opportunity for businesses seeking a blend of historical charm and modern functionality. Situated on a 0.31-acre corner lot just two blocks from Crestview's Historic Main Street, this property offers unparalleled convenience and visibility. Originally a residential home, built in 1995 and thoughtfully converted for commercial use, it retains its original character while providing ample space for various business needs. The first floor boasts a spacious reception area with original hardwood floors and a captivating fireplace, two private offices (each with closets), a full bathroom, and a versatile former dining room ideal for additional office space or a client waiting area. A fully equipped kitchen is perfect for employee breaks or lunch preparation. A large, adaptable space, formerly a two-car garage, offers endless possibilities for expansion or specialized use. Upstairs, two expansive office spaces with original hardwood flooring provide additional workspace, complemented by a full bathroom and a large unfinished storage area. The property features beautiful wrought iron railings on the staircase, adding to its unique aesthetic appeal. The exterior showcases excellent curb appeal, ample parking, and a fully fenced lot. Recent updates include upgraded electrical systems and two nearly new HVAC units installed in December 2021. Its prime location next to the tax collector's office provides added convenience. This property is a truly remarkable opportunity to establish a thriving business in a desirable and historic setting.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $330,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $225,000
- 6.5%
- $230,000
- 7%
- $205,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $200,000
- Geo Method
- $245,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $215,000
- Retail
- $200,000
- Mixed-Use
- $225,000
- Hospitality
- $245,000
- Educational
- $205,000
- Residential Income
- $230,000
- Energy
- $250,000
- Income-Based Land
- $250,000
- Food Service
- $255,000
Location Insight
- Map
- Local Demand
- City
- Crestview
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.5725
- Latitude
- 30.7585
- CBSA code
- 18880
- CBSA name
- CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA
