You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $940,000
Warehouses

701 Ashley Dr Crestview, FL 32536-9231

9,922 SF 2.9 ac lot Built 2005
Individually Owned 23-yr Hold ~ Est. High Equity
Property ID
US18-3558260
Property summary
AI-generated overview

This exceptional industrial property, located at 701 Ashley Drive Unit 707 in Crestview, Florida, presents a rare opportunity for businesses seeking a strategically advantageous location and substantial space. Boasting a generous 30,156 square feet, this property sits on a 2.9-acre lot and offers an incredibly convenient location south of Interstate 10, providing easy access to State Highway 85. This prime location ensures seamless connectivity to Eglin Air Force Base, downtown Crestview, and effortless egress to I-10, maximizing logistical efficiency and minimizing commute times. The property itself features a well-designed layout, including two offices, a dedicated reception area, and a shared bathroom, catering to both administrative and operational needs. The substantial warehouse space is a key highlight, featuring the added benefit of drive-in capability, streamlining loading and unloading processes and enhancing operational efficiency. The availability of such a comprehensive and well-situated business center in this specific location is exceptionally rare, making this an unparalleled investment opportunity. The asking price is $2,935,000. This property is ideal for a variety of industrial businesses seeking a combination of prime location, ample space, and convenient features.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2005
Construction STEEL FRAME
Total area 9,922 SF
Lot 2.9 ac (126,324 SF)
Zoning code C-1
APN 31-3N-23-0000-0002-0050
UPID US18-3558260
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
  • Williams Communications Inc Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.04M
Comparable Approach Comparable
$772k
Blend (final) Blend
$940k
Owner & transaction history
Richey Developers · 23 yrs held
Richey Developers
since 2003
5 recorded transactions
2004
Price N/A
2003
Price N/A
2002
$60,000
2002
$60,000
1969
Price N/A
Zoning & alternative use
C-1 · Crestview, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $1.6M +38.0%
Auto repair, garage $1.5M +35.9%
Retail stores $1.3M +11.3%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 701 Ashley Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message