For Sale
$5,400,000

5908 Houston LnCrestview, FL 32539

28.92 Acres, Mixed-Use Development Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 28.92-acre commercial land parcel presents a significant investment opportunity in Crestview, Florida. Located at 5908 Houston Lane, this property offers unparalleled access and visibility due to its strategic location. Boasting 725 linear feet of frontage on Highway 85 North and over 1,500 linear feet along Houston Lane, the property enjoys excellent traffic flow and accessibility. The expansive lot wraps around the western, northern, and eastern sides, maximizing exposure and potential development options. Zoned for mixed-use development, this land is ideally suited for a variety of commercial ventures. Permitted uses include, but are not limited to, assisted living facilities, multi-family residential, medical offices, and commercial retail spaces. The property's size and location in a thriving growth area of Okaloosa County, Florida (zip code 32539), make it an attractive proposition for investors seeking high-return potential. The asking price for this prime commercial land is $5,400,000. Broker co-op is available. This is a rare opportunity to acquire a substantial tract of land with significant development potential in a rapidly growing Florida market. The property's unique configuration and high visibility make it an ideal location for a variety of commercial uses, promising strong returns on investment.

Highlights

  • 28.92-acre commercial land parcel in Crestview, FL.
  • Located at 5908 Houston Lane, with 725 linear feet of frontage on Highway 85 North and over 1,500 linear feet on Houston Lane.
  • Mixed-use zoning allows for assisted living, multi-family, medical, and retail development.
  • Located in a high-growth area of Okaloosa County (zip code 32539).
  • Asking price: $5,400,000; Broker co-op available.

Property Details for 5908 Houston Ln

Property type
Land
Lot Size (sq. ft)
1,259,755 SF

Location Insight

City
Crestview
County
Okaloosa
State
Florida
Latitude
30.8026912
Longitude
-86.5505237
5908 Houston Ln, Crestview, Florida

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5908 Houston Ln
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