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    OFF-MARKET
    Retail properties & Spaces

    797 Ferdon Blvd, Crestview, FL 32536-4241

    2,906 SF 0.34 ac lot Built 1985
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US18-2649070
    Property summary
    AI-generated overview

    This 1,734 sq ft freestanding retail building, located at 797 S Ferdon Blvd in Crestview, Florida (32536), is available for $425,000 ($245.10/sq ft). Built in 1985, this C-1 zoned property offers a prime location at a hard corner with three-way road access and a traffic light. The building features a showroom, a firewall shop, central heat and air, a metal roof, and substantial covered outdoor storage. Its strategic location at the south end of Main Street makes it highly visible and accessible. The property is ideal for a variety of businesses, including drive-through restaurants, auto shops, or small engine repair. Occupancy is available August 15, 2024. This high-traffic area ensures excellent visibility and accessibility for potential customers. The building's features and zoning flexibility provide a versatile space for a wide range of commercial uses. Don't miss this opportunity to own a well-located commercial property in a thriving Florida community.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
    Year built 1985
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,906 SF
    Lot 0.34 ac (15,000 SF)
    APN 17-3N-23-2490-0139-0050
    UPID US18-2649070
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Aretie Creations LLC · 1 yrs held
    Aretie Creations LLC
    since 2025
    Last sale
    $380,000
    4 recorded transactions
    2025
    $380,000
    2021
    $350,000
    2018
    1997
    $45,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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