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    Property profile & analytics

    702 Valley Rd Crestview, FL 32539

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-5368082
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 702 Valley Rd

    Property type
    Commercial real estate

    Description

    This exceptional opportunity presents nearly half an acre of land ideally situated in the heart of Crestview, Florida. Priced affordably at $59,000, this property comprises two combined parcels, offering significant potential for various uses. The land is zoned residential, providing flexibility for future development. Its strategic location is a key advantage, nestled next to and directly across the street from established townhome communities. This prime location offers convenient access to local amenities, services, and transportation routes within Crestview. The address is 702 Valley Rd, Crestview, FL 32539, in Okaloosa County. The property's proximity to thriving residential areas makes it an attractive investment for those seeking to capitalize on the growing Crestview market. With its residential zoning and desirable location, this land presents a compelling opportunity for both residential and potential commercial development. The combined parcels offer a substantial footprint for a variety of projects, making it an ideal investment for builders, developers, or individuals seeking a prime piece of land in a rapidly developing area. This is a rare opportunity to acquire a sizable parcel in a highly sought-after location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Crestview
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.548695
    Latitude
    30.770737

    Comparable in this City

    • $15,000,000

      598 Acres Hunting/Farmland in Crestview

      598 acres of contiguous parcels perfect for hunting or farming.
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    • $250,000
      12.19 Acres

      Crestview Land Ideal Homesite

      12 acre homesite or mini farm with creek.
      3842 Bear Head Rd, Crestview, FL 32539
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    • $375,000

      Expansive Land South of I-10

      4.43 acres with cleared land, barn, and mature trees.
      540 John King Rd, Crestview, FL 32539
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    • $885,800

      27.45 Acres Agricultural Land

      27.45 acres zoned agricultural, suitable for horses or livestock.
      4353 Poverty Creek Rd, Crestview, FL 32539
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    • $1,545,000

      30 Acres with Two Homes

      Two homes on 30 acres, unrestricted, agricultural zoning.
      4351-4353 Poverty Creek Rd, Crestview, FL 32539
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    • $1,499,900
      113.00 Acres

      Spacious Crestview Land with Homes

      Over 100 acres near Crestview with two homes.
      3211 Maple St, Crestview, FL 32539
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    Similar Nearby for Sale

    • $15,000,000

      598 Acres Hunting/Farmland in Crestview

      598 acres of contiguous parcels perfect for hunting or farming.
      000 393 Hwy, Crestview, FL 32539
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    • $250,000
      12.19 Acres

      Crestview Land Ideal Homesite

      12 acre homesite or mini farm with creek.
      3842 Bear Head Rd, Crestview, FL 32539
      View Details
    • $1,545,000

      30 Acres with Two Homes

      Two homes on 30 acres, unrestricted, agricultural zoning.
      4351-4353 Poverty Creek Rd, Crestview, FL 32539
      View Details
    • $375,000

      Expansive Land South of I-10

      4.43 acres with cleared land, barn, and mature trees.
      540 John King Rd, Crestview, FL 32539
      View Details
    • $885,800

      27.45 Acres Agricultural Land

      27.45 acres zoned agricultural, suitable for horses or livestock.
      4353 Poverty Creek Rd, Crestview, FL 32539
      View Details
    • $1,499,900
      113.00 Acres

      Spacious Crestview Land with Homes

      Over 100 acres near Crestview with two homes.
      3211 Maple St, Crestview, FL 32539
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      48,808 SF

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      8,934 SF

      Crestview Office Space Available

      Large Office Space for Lease in Crestview, FL
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    • $1,500 /Mo
      1,356 SF

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    • $0.08 SF/Yr
      3,000 SF

      710 Hospital Drive Office Space

      Prime Single-Tenant Office Building, 3,000 sq ft.
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    • $3,500 /Mo
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      Retail Space with Large Lot

      Retail property for rent with highway frontage and large lot.
      488 E James Lee Blvd, Crestview, FL 32539
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    • $3,100 /Mo

      Well-Maintained Office Space Available

      Office space featuring private offices, conference room, and storage.
      3108 Adora Teal Way Bldg. A, Crestview, FL 32539
      View Details
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    702 Valley Rd
    Crestview, FL 32539
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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