Rare assemblage of +- 12 acres in the City of Crestview, immediately adjacent to the new Walmart Neighborhood Market at 1150 Industrial Drive in North Crestview. The site sits along the SR 85 / North Ferdon Boulevard corridor, in one of Okaloosa County's fastest-growing commercial nodes serving Crestview, Baker, and Laurel Hill. Zoning (City of Crestview) 1.63 acres -- C-2 (Commercial High-Intensity) Suited for restaurants, large-scale retail, fuel, hotels, offices, entertainment, and similar high-intensity commercial uses. +/- 10 acres -- Mixed-Use (MU) Allows a combination of commercial and residential uses, including retail, office, and residential density of up to 20 dwelling units per acre, with a commercial FAR of 2.0.
Industrial acreage opportunity!!! Position your next project in the path of growth with this 5.4-acre, level property zoned for industrial use in the rapidly developing East Okaloosa and West Walton County corridor. Conveniently located near Highway 285 and Interstate access, this property offers excellent potential for a variety of industrial and commercial ventures. A development order is already in place, providing a valuable starting point for your plans, with the possibility of modifications to better suit your intended use. With a growing regional footprint and convenient transportation access, this is an opportunity to secure acreage in an area poised for continued growth. Bring your vision and explore the possibilities!
A Visible Commercial Location with Development Potential Explore the possibilities at 850 N. Ferdon Boulevard in Crestview, Florida. This approximately 10,500-square-foot commercial parcel offers 60 feet of frontage and 175 feet of depth along one of Crestview's established commercial corridors. The property's location and manageable footprint create an opportunity for an investor, entrepreneur, or owner-user seeking to establish a small-scale commercial development in a visible and accessible location. With direct frontage along N. Ferdon Boulevard, the property offers exposure to passing traffic and convenient access to surrounding businesses and commercial services. The parcel may accommodate a variety of neighborhood-oriented business concepts, subject to zoning, site design, and applicable development requirements. Potential concepts could include a coffee shop, drive-through establishment, take-out restaurant, specialty retail shop, professional office, or other service-oriented business. For an owner-user, this property presents an opportunity to develop a location tailored to specific business needs. For an investor or developer, it offers the possibility of creating a purpose-built commercial property in an established Crestview corridor. The approximately 60-by-175-foot dimensions provide a starting point for evaluating building placement, customer parking, signage, and site access, subject to applicable city and county requirements. Bring your development plans to N. Ferdon Boulevard. Whether you are an investor exploring your next project or a business owner looking for a visible location, this commercial parcel offers an opportunity to create something designed around your vision. Buyers are encouraged to independently verify zoning, permitted uses, traffic access, utility availability, parking requirements, setbacks, and all applicable development regulations with the appropriate authorities.
STABILIZED MEDICAL OFFICE INVESTMENT 100% OCCUPIED 5.62% CAP RATE An exceptional opportunity to acquire a fully occupied, income-producing medical office complex in Crestview, Florida. This approximately 15,000-square-foot property consists of three separate medical office suites, each approximately 5,000 square feet, occupied by established healthcare-related tenants with long-term lease commitments. With approximately $331,541 in annual Net Operating Income (NOI) and an estimated 5.62% capitalization rate at the $5.9 million asking price, this investment offers an established income stream from day one. The property features a triple-net (NNN) lease structure, contractual rental increases, and limited landlord operating responsibilities, creating an attractive ownership profile for investors seeking a stabilized commercial real estate asset. Unlike properties requiring significant lease-up, tenant improvements, or the uncertainty of establishing occupancy, this medical office complex offers the advantage of existing tenants, executed leases, and ongoing rental income. Its three-suite configuration provides an established healthcare-oriented tenant base within a single investment property. Strategically located less than one mile from the local hospital, the property offers convenient access to Interstate 10, Crestview Commons, and major commercial corridors. Crestview serves as an important healthcare and commercial center in Northwest Florida, providing access to surrounding communities and the broader regional market. The combination of full occupancy, established healthcare-related tenancy, contractual rental growth, and a defined income profile makes this property worthy of consideration by private investors, commercial real estate investment groups, medical office investors, and buyers evaluating 1031 exchange opportunities. This is more than an opportunity to purchase commercial real estate. It is an opportunity to acquire an established medical office investment with tenants, leases, and income already in place in a strategically positioned Northwest Florida market.
Approximately 202.26± acres on Hwy 393, offered together with a 15.86-acre platted subdivision containing 27 lots and approximately 186.40± additional acres. The property sits approximately 1 mile north of Hwy 90, with the I-10 corridor roughly 2 to 2.5 miles away, placing major east-west transportation routes within close proximity. Hwy 90 connects to SR 285, providing a route south toward Destin and Fort Walton Beach and the Emerald Coast. The surrounding North Okaloosa area is being shaped by major investment, including the Williams International aircraft manufacturing facility at Shoal River Industrial Park and the new Shoal River Ranch wastewater facility. The combination of existing platted lots and additional acreage creates a substantial land holding with room for a potential future Phase II extension, illustrated in the accompanying conceptual site plan. The conceptual plan is intended to show one possible expansion layout and is not an approved development plan. Approximately 202 acres, 27 existing platted lots, Hwy 393 frontage, and close proximity to Hwy 90 and the I-10 corridor bring together a significant amount of land in one offering.
Here's the chance of a lifetime that you don't want to miss out on! Get your hands on 27 cleared homesites with a county development order and engineering plans in hand, ready for paving. The plat has already been recorded and the Auburn water deposit has been paid. Located at 6 Lots on Hwy 393 in Pawnee Heights, this property offers easy access to the County Mega Site Industrial Park, as well as schools, shopping centers, and beaches. Act now and seize the opportunity in this prime location!
CURRENTLY MIXED USE ZONING AND FLU WITH 2.0 FAR + 25 UNITS / ACRE DENSITY. ZONING AND FLU ADJUDICATION WITHHELD - A NEW OWNER / BUYER MAY SELECT MIXED USE OR COMMERCIAL. Previous Feasibility Study reflects RV Park capable of 140+ sites. This property has been annexed and accepted into the City of Crestview limits. Easy access from I-!0 and adjacent to Lowe's, new Texas Roadhouse, and other exciting development. DUE NORTH is the new ''Fallen Heroes Way' highway connecting to the Crestview Bypass. Rasberry Rd directly adjacent to the south is said to be in stages of planning for improvement! Dense Retail Corridor, Strong National/Credit Tenant Presence, Across From Three Major Shopping Centers represents strong site potential.
ZONED MIXED USE! This property would also be great to build Townhomes, Duplexes, Apartments, Another DG or your dream home on. There are an abundance of mature trees for shade and to provide the picturesque Southern property. This property will be split off the larger piece of land and is subject to county approval and recording
10,200 SF freestanding medical building directly across the street from North Okaloosa Medical Center, the only operating hospital between Pensacola and Fort Walton. Purpose-built for outpatient medical use, currently operating as one, and sitting on a 1 acre corner in the fastest growing corridor of the Panhandle. The primary suite (6,800 SF) is on a below-market gross lease running through May 2028, at which point the lease specifies repricing to market rent. The companion suite (3,400 SF) is available to a new owner within 90 days of closing under existing lease terms. You inherit contracted income covering carry, and you step into a mark-to-market reset conversation 21 months from now. The submarket is at 1.9% MOB vacancy per CoStar Q1 2026, so the reset has real teeth. This property offers medical-grade plumbing, aquatic therapy pool, treatment build-out, ADA-compliant restrooms, dual-meter utility separation, 40 parking spaces, and an ongoing maintenance program. Steel-frame construction, 2015 remodel, replacement cost $2.685M per current insurance carrier. Zoned mixed use, in Crestview city limits. The bigger story is the corridor: Williams International's $1B advanced aviation campus under construction 7 minutes north, 6,387 residential units approved and under construction, 78,000+ people in the 30-minute drive catchment, and Eglin AFB anchoring healthcare demand year-round. NOMC just delivered a $15M ED expansion with a cath lab pre-built. Best fit for a practice with a 22-month expansion plan, a physician-investor group, or a regional healthcare platform. Not a stabilized cap-rate play; a defined path to one. Full package including lease abstract, mark-to-market analysis with comps, floor plans, and specs on qualified inquiry.
High-Visibility C-1 Corner on N. Ferdon Blvd -- .77 Acres with Existing Office/Home and Redevelopment Upside Rare hard-corner commercial opportunity in the heart of Crestview's busiest retail corridor. This .77-acre parcel sits at a signalized intersection on N. Ferdon Blvd (SR-85), directly across from an established shopping center anchored by Dollar General, Advantage Dental, and a mix of national and local retailers -- putting this site squarely in Crestview's primary path of commercial growth and daily traffic. Zoned C-1 by the City of Crestview, the property offers real flexibility for an owner-user or an investor. A 1,754 SF heated and cooled home currently sits on the lot and could be converted into office space with relatively little work -- a covered front porch, mature shade trees, and a circular drive are already in place. Alternatively, the existing structure can be removed to create a blank-slate development site, with water, sewer, and power already run to the property, cutting down on upfront infrastructure costs for a ground-up build. The corner location gives the site strong frontage and standout visibility to traffic entering and exiting one of Crestview's most active commercial nodes, surrounded by daily-needs retail, dining, and services. Whether you're an owner-operator looking for a turnkey office location or a developer eyeing the next retail pad, professional building, or redevelopment project on this corridor, 778 N. Ferdon Blvd offers the location, zoning, and lot size to make it happen. Buyers are encouraged to verify current traffic counts, utility capacity, and permitted uses directly with the City of Crestview and FDOT. Call today for more information or to schedule a site visit.
Vacant lot ready for new development. Located just south of the County Courthouse and all the new redevelopment going along Main St. Great visibility to Hwy. 85 which is 1 block away. Former building was torn down and concrete slab and parking lot remain.
High-visibility commercial opportunity on North Highway 85 in Crestview. This approximately 2.15-acre property is located near the Auburn Road area and the planned Northwest Crestview Bypass connection to SR 85 north of Crestview. The site includes the existing North 85 Diner restaurant building at the front, together with additional rear property currently utilized for rental and Connex-style storage purposes. This combination offers an existing commercial footprint, interim-income potential and future redevelopment possibilities along a major north Okaloosa County growth corridor. Suitable for investors, owner-users, developers, restaurant, retail, service or storage-related concepts, subject to zoning and governmental approvals. Buyer to verify all dimensions, income, leases, zoning, access, utilities and permitted uses.
Exceptional opportunity to own approximately 8± acres along N Highway 85 in the rapidly growing North Crestview corridor! Offering excellent visibility and convenient access on one of the area's primary thoroughfares, this property presents outstanding potential for a variety of future development and investment opportunities. North Crestview continues to experience significant residential and commercial growth, with new neighborhoods, expanding businesses, retail, dining, and increasing traffic fueling the area's continued expansion. Conveniently located near shopping, schools, medical facilities, Interstate 10, and the Alabama state line, this property combines accessibility with exceptional potential in one of Okaloosa County's fastest-growing areas. Buyer to verify all information deemed important, including acreage, dimensions, and intended use.
1.57 Acres N Ferdon Blvd & Seventh Avenue, Crestview, FL -- C-1 Commercial High-visibility corner parcel in the City of Crestview with 175 feet of frontage on Hwy 85 N (N Ferdon Blvd) and approximately 435 feet on Seventh Avenue. Annual average daily traffic exceeds 28,000 vehicles on this segment, offering strong exposure for a wide range of commercial uses. City C-1 Low Intensity zoning accommodates retail, office, service, and more. 1.57 acres of vacant land situated midway between downtown Crestview and the north end corridor, where recent commercial growth includes new retail, grocery, and restaurant development.
Unlock the potential of your next commercial venture with this premium 1.56-acre site, ideally positioned in a rapidly growing corridor just outside city limits. Comprising three contiguous parcels, this expansive property offers a completely level topography that dramatically simplifies development and reduces site preparation costs. With over 400 feet of high-visibility highway frontage, your business will benefit from exceptional brand exposure and a steady stream of daily traffic. The surrounding area features a vibrant, established commercial ecosystem, including a healthcare facility directly across the street, nearby essential trade services, and high-traffic community facilities. This versatile property serves as a blank canvas, perfectly suited for a wide range of commercial applications--from medical offices and retail centers to corporate headquarters or flexible service spaces. Benefit from the ideal balance of close municipal proximity and excellent county flexibility. Whether you are an ambitious developer or an expanding business owner, this prime location offers the space, visibility, and strategic foundation required for long-term success. Contact us today to explore the possibilities and secure this highly adaptable highway tract.
Located along one of Crestview's busiest commercial corridors, this 4,695 SF retail building offers exceptional visibility, strong traffic counts, and a rare combination of real estate value and business upside. Positioned on 1.03 acres with direct frontage on N Ferdon Blvd, the property benefits from a daily traffic count of 30,000 vehicles, ensuring continuous exposure and steady customer flow. Included in the sale is a 6COP liquor license, valued between $300,000-$500,000, providing significant built-in equity and operational flexibility. The business currently maintains $50,000-$60,000 in inventory on hand and generates approximately $40,000 per month in bar revenue, offering immediate income potential for an owner-operator or investor. The property is offered For Sale at $1,695,000, with owner financing available, creating an accessible entry point into one of Crestview's most active commercial corridors. With its strong traffic flow, valuable liquor license, established revenue stream, and prime location, this asset represents a compelling opportunity for buyers seeking both real estate stability and business performance in a high-growth Northwest Florida market.
Prime Mixed-Use Commercial Property West Crestview, FL 2.28 Acres 8,000+ SF Hwy 90 West & Martin St Seize a rare opportunity in one of Crestview's fastest-growing corridors. This highly visible mixed-use property offers exceptional dual-frontage exposure with 150 feet on Highway 90 West (James Lee Boulevard) and an impressive 650 feet on Martin Street -- putting your business in front of traffic from two directions. Ideally positioned in the heart of west Crestview's expansion and just moments from the newly opening Southwest Crestview Bypass, this property is perfectly timed for businesses looking to capitalize on the area's rapid growth and increasing accessibility. The 8,000+ square feet of heated and cooled space offers remarkable flexibility, lending itself to a wide range of uses including retail, office, showroom, warehouse, or any combination thereof. With C2 and C3 zoning, the possibilities are broad and the barriers to entry are low. Ample front parking ensures a welcoming and convenient experience for customers and clients, while the expansive 2.28-acre parcel provides significant room to expand operations, add structures, or grow your footprint as your business demands. Whether you're an investor, an owner-operator, or a developer with a vision -- this property delivers the location, the exposure, the flexibility, and the room to grow that are rarely found in a single offering. uses including retail, office, showroom, warehouse, or any combination thereof. With C2 and C3 zoning, the possibilities are broad and the barriers to entry are low. Ample front parking ensures a welcoming and convenient experience for customers and clients, while the expansive 2.28-acre parcel provides significant room to expand operations, add structures, or grow your footprint as your business demands. Whether you're an investor, an owner-operator, or a developer with a vision -- this property delivers the location, the exposure, the flexibility, and the room to grow that are rarely found in a single offering.
Versatile commercial property offering a total of 2,440 sq ft, including approximately 1,720 sq ft of office/retail/salon space plus a 720 sq ft 1-bedroom apartment. The front portion features three offices with the flexibility to remove walls and create an open-concept layout if desired. The rear includes two additional offices and a shared common area, providing functional workspace options for a variety of business uses. The private apartment has its own separate entrance off Patton Street--ideal for owner-occupant use or additional rental income. Conveniently located on Industrial Drive with excellent accessibility ROOF 2021 - AC 2020 Could Possibly Put An Additional Building on the Lot. ( See letter from the City of Crestview )
PRIME COMMERCIAL OPPORTUINTY in a high-visibility location along the heavily traveled Hwy 85 (N Ferdon Blvd)! This versatile property offers approximately 5103 square feet of heated and cooled space, plus additional storage, situated on a .45-acre lot. The building is configured into three units, with two currently leased--providing immediate income potential for investors or an ideal setup for an owner-user. The property features approximately 18 parking spaces, offering convenient access for tenants and customers alike. Its strategic location places you just minutes from downtown Crestview and the new Walmart Marketplace currently under construction, positioning the property to benefit from continued growth and increasing traffic in the area. With commercial frontage along one of Crestview's main corridors becoming increasingly limited, this is a rare opportunity to secure a well-located asset with strong exposure and long-term upside.
Versatile commercial building offering two professional suites with flexible layout options for owner-occupants or investors. Currently configured as a medical office, the property supports a variety of professional and administrative uses. Suite A features a welcoming waiting area, reception and file area, private office, half bath, five exam rooms with in-suite sinks, an additional ADA-compliant bathroom, laundry room, and a 55' x 13' upstairs storage area. Suite B includes a waiting area, reception area, three office rooms, ADA-compliant bathroom, kitchenette area, and a spacious conference or flex room adaptable for multiple business needs. A new roof was installed in March 2026. The layout supports a range of possibilities including medical, legal, professional services, multi-office suites, or a virtual office business model. The property also includes a private parking lot with 15 parking spaces. Additional land located behind the property may be available for purchase; further details available upon request.
This 1.63-acre Walmart outparcel is a prime commercial development opportunity situated immediately adjacent to the brand-new Walmart Neighborhood Market at 1150 Industrial Drive in north Crestview, Florida. This rapidly growing area along the Highway 85 corridor benefits from high-visibility frontage, strong daily traffic counts, and direct adjacency to one of the region's most anticipated retail anchors. The new Walmart site will have a Chick-fil-a on the north side of the Industrial Road frontage and also a Murphy's Oil in the southwest corner of Richbourg and Industrial. There will be a new traffic light installation at the intersection of Richbourg and Highway 85.
This could be your perfect spot for your small business venture. This lot is on your immediate left as you turn onto Robinson W Avenue from South Ferdon Blvd. It is directly adjacent to Grease Monkey Lube Shop. Buyer and buyer's agent need to verify with all agencies such as city zoning and permitting that the property can be used for the intended purpose.
About 2.5 acres and approximately 22,000 sf of buildings located just one block from the intersection of Hwy 85 and Hwy 90 in the heart of Crestview. This property is just across from the Tractor Supply Shopping center and is located in the City's CRA district. The property is Zoned Commercial C-1 with so many commercial uses. (See the City of Crestview Zoning uses in the Documents). HWY 90 (W. James Lee Blvd) has 22,000 AADT and just one block east, HWY 85 (S. Ferdon Blvd) has 42,000 AADT. - Centrally located in the heart of Crestview.
Located just outside the thriving Crestview corridor, this exceptional 4.47 acre property offers a rare blend of commercial flexibility and expansive outdoor space. Upon entering through newly installed electronic gates, you'll immediately appreciate the scale of what awaits: a 5,000 square foot Quonset hut set atop a 15 inch concrete slab, complete with a loading dock, full utility access, and a rooftop sprinkler system designed to moderate interior temperatures. Alongside the main structure sits a new pole barn sized for a 45 foot RV, and the site is further enhanced by two municipal water meters, a deep water well, two like new septic systems, and three full RV hookups including 30 AMP and 50 AMP service. Owner financing available up to 10 years.
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Crestview is located in Florida. Crestview, Florida has a population of 26,934. Crestview is more family-centric than the surrounding county with 35.11% of the households containing married families with children. The county average for households married with children is 30.79%.
The median household income in Crestview, Florida is $55,688. The median household income for the surrounding county is $67,390 compared to the national median of $69,021. The median age of people living in Crestview is 32.7 years.
The average high temperature in July is 91.1 degrees, with an average low temperature in January of 37.6 degrees. The average rainfall is approximately 66.3 inches per year, with 0.1 inches of snow per year.
