591 Brookmeade Dr Crestview, FL 32539
- Commercial real estate
- 13.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 591 Brookmeade Dr
- Lot size
- 13.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 13-acre commercial land parcel presents a compelling investment opportunity in Crestview, Florida. Strategically located adjacent to a Walmart Supercenter and behind Crestview Hospital on Brookmeade Drive, this property benefits from high visibility and convenient access. The site is zoned for Mixed Use Commercial, offering significant development potential. A key feature is a roughly 4-acre spring-fed pond, which could be revitalized into an attractive common area water feature, surrounded by approximately 9 acres of uplands. This unique combination of natural beauty and prime commercial zoning allows for a variety of development options, including assisted living facilities, multi-family housing, and single-family residences. The property's zoning permits up to 20 residential units per acre. Crestview is experiencing robust growth, with an estimated population of 270,000 and a projected growth rate of 8% over the next five years, making this a particularly attractive investment in one of Florida's fastest-growing MSAs. The asking price for this exceptional property is $1,300,000. Don't miss this chance to acquire a significant piece of land in a thriving Florida community.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Crestview
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.557972
- Latitude
- 30.732305
