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Property profile & analytics
FOR SALE
Commercial real estate

5242 Highway 393 Crestview, FL 32539

1.39 ac lot
Property ID
US18-1078506
5242 Highway 393, Crestview, FL 32539 For Sale
$300,000
5242 Highway 393, Crestview, FL 32539
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Property summary
AI-generated overview

This exceptional 1.39-acre commercial land parcel presents a unique investment opportunity in the thriving Crestview, Florida market. Located at 5242 Hwy 393 in Okaloosa County, zip code 32539, this property boasts a highly desirable Commercial Mixed Use zoning designation, offering considerable flexibility for a wide range of development possibilities. The lot's strategic location at the hard corner of Harielson Road and Hwy 393 ensures high visibility and accessibility, making it ideal for businesses seeking maximum exposure. Situated between Interstate 10 and Highway 90, this property benefits from excellent connectivity to major transportation arteries, facilitating ease of access for both employees and customers. The asking price for this prime commercial land is $300,000. With its strategic location, versatile zoning, and significant development potential, this property represents a compelling investment opportunity in a rapidly growing area. The coordinates are 30.8243872 latitude and -86.4084732 longitude. Don't miss this chance to acquire a valuable piece of commercial real estate in Crestview, Florida.

Property profile
Verified
Property type Commercial real estate
Lot 1.39 ac (60,548 SF)
UPID US18-1078506
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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