702 Valley Rd Crestview, FL 32539
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.