For Sale
$1,375,000

128 John King Rd Crestview, FL 32539

10-Unit Building, High Occupancy, Great ROI

Source: https://www.saltercompany.com

Overview

Added:
Feb 3
Days on market:
82
This exceptional investment opportunity presents a 10-unit commercial building totaling 8,040 square feet, situated on a 0.86-acre lot in Crestview, Florida, zip code 32539. Currently 100% occupied, the property generates approximately $9,675 in monthly income. The building's prime location offers convenient access to major roadways including Hwy 85, Hwy 90, and I-10, ensuring high visibility and accessibility for tenants and customers. Its proximity to local amenities such as schools, a hospital, Publix supermarket, and various restaurants further enhances its appeal. The property benefits from its location near the developing Crestview Commons, indicating potential for future growth and increased property value. This is a turnkey investment opportunity with strong current income and significant long-term potential. The building's size is 8,882 square feet, offering ample space for current and future tenants. This property is an excellent addition to any commercial real estate portfolio. Serious inquiries only.

Highlights

  • 10-unit commercial building, 8,040 square feet, fully occupied.
  • Generating approximately $9,675 monthly income.
  • Convenient Crestview location near schools, hospital, and major highways.

Property Details for 128 John King Rd

Property type
Opportunity zone commercial real estate, Office properties
Square Feet
8,882 SF
Price / Square Foot
$154.81
Class
C
Buildings
1
Stories
1
Elevators
N/A
Net Rentable (sq. ft)
8,040 SF
Lot Size (sq. ft)
37,631 SF

Location Insight

City
Crestview
County
Okaloosa
State
Florida

FAQs

What type of property is this?
Opportunity zone commercial real estate - 10-Unit Building, High Occupancy, Great ROI
Where is the opportunity zone commercial real estate located?
The property is located at 128 John King Rd Crestview, FL.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: 10-unit commercial building, 8,040 square feet, fully occupied.; Generating approximately $9,675 monthly income.; Convenient Crestview location near schools, hospital, and major highways.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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128 John King Rd
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