4840 S Ferdon Blvd Crestview, FL 32536

This exceptional 6.69-acre commercial development site is strategically located at the intersection of Highway 85 South and PJ Adams Parkway in Crestview, Florida, a prime location anchored by a Circle K. Boasting a C-2 zoning designation, this property benefits from exceptional visibility and high traffic counts, with a combined 60,300 vehicles daily at the intersection. The site is situated one mile south of I-10, further enhancing its accessibility and appeal. The ongoing PJ Adams Parkway Four Lane/New I-10 Interchange Project will unlock approximately 300 acres for commercial development and 1,800 acres for residential development within Crestview, promising significant future growth. Current average annual daily traffic (AADT) on PJ Adams Parkway is 18,300, and AADT on S. Ferdon Boulevard (SR 85) is 42,000. The property's proximity to the 919th Special Operations Wing (6 miles south) and Bob Sikes Airport (7.5 miles northeast) adds to its strategic value. The surrounding demographics are strong, with a total population of 42,243 and an average household income of $89,555 within a 5-mile radius. This presents a unique opportunity for developers seeking a high-impact location in a rapidly growing area. The asking price for this significant development opportunity is $6,000,000.