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Property profile & analytics
OFF-MARKET
Commercial real estate

591 Brookmeade Dr Crestview, FL 32539

13 ac lot
Property ID
US18-3187478
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 13 ac (566,280 SF)
UPID US18-3187478
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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