1390 Ferdon BlvdCrestview, FL 32536

Property Details for 1390 Ferdon Blvd

Year built

1988

Construction

STEEL FRAME

Lot size

1.00 AC

Property size (Sq ft)

5,916 SF

Property type

Grocery and convenience stores

APN

04-3N-23-0000-0026-0010

APU

043N23000000260010

Description

This exceptional one-acre commercial land parcel presents a unique opportunity for businesses seeking a prime location in Crestview, Florida. Situated at 1390 N Ferdon Blvd, this single-tenant property offers unparalleled potential for development. The land is located in Okaloosa County, Florida, and boasts a convenient address with excellent visibility and accessibility. With a total land area of one acre, this property provides ample space for a variety of commercial ventures. The zoning allows for a wide range of uses, making it an ideal investment for entrepreneurs and established businesses alike. The property's strategic location offers easy access to major transportation routes, ensuring convenient commutes for employees and customers. This outparcel presents a blank canvas for creating a thriving commercial enterprise, capitalizing on the growing economic activity in the area. The property is ready for immediate development, eliminating lengthy delays and allowing businesses to quickly establish their presence. This is a rare opportunity to secure a prime commercial land parcel in a thriving Florida community. The property's single-tenant designation ensures exclusive use and control, providing a streamlined and efficient business environment. Interested parties are encouraged to act quickly to secure this exceptional investment opportunity. The property is located in zip code 32536.

• CAP approach

  CAP return

  Valuation

  6%

  $1,177,810

  6.5%

  $1,087,209

  7%

  $1,009,552

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,009,024

  Geo Method

  $1,059,832

• Alternative Use

  Use

  Valuation

  Residential

  $917,102

  Hospitality

  $840,060

  Educational

  $698,920

  Medical

  $722,957

  Retail

  $1,087,209

Location Insight

City

Crestview

County

Okaloosa

State

Florida

Latitude

30.7945

Longitude

-86.5579

CBSA code

18880

CBSA name

CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].