4840 Ferdon Blvd S - Commercial LAND FOR SALE


Crestview, FL 32536 291,416 SF
$6,000,000 USD
850-733-6532
4840 Ferdon Blvd S, Crestview, FL for Sale
$6,000,000 USD
Commercial LAND - FOR SALE
1/6
291,416 SF

4840 Ferdon Blvd S
Crestview, FL 32536


HIGHLIGHTS

  • Combined AADT of 60,300
  • One Mile South of I-10
  • Median Cut on the North West Corner on Hwy 85/Riverwood Dr.
  • Contiguous Access from Riverwood Dr to PJ Adams

OVERVIEW

Crestview is the county seat of Okaloosa County, and is designated as the Hub City” as it is located at the junction of three major highways” US Hwy 90 (US 90), State Road 85 (SR 85) and Interstate 10 (I-10). The University of Florida’s Bureau of Economic and Business Research (BEBR) projects Okaloosa County’s current population of 188,000 is projected to grow to 223,500 by 2040 with medium population growth, representing an increase of 18%. As identified in the 2015 Florida Defense Factbook, Eglin Air Force Base, housed in Okaloosa County, is the largest military installation in the Department of Defense. Duke Field, located on SR 85, is the new home of the 919th Special Operation Wing. The Economic Development Council of Okaloosa estimated in 2017 the military presence of Duke’s Total Economic Impact in the Community at $51 million annually. Bob Sikes Airport supports a mix of general aviation, defense and industrial aerospace corporations with its 8,000 foot runway with an instrument landing system (ILS) and available acreage on and off airport for lease.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/ACRE

$896,862/AC

PRICE/SF

$21 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Auto Repair, Bank, Car Wash, Convenience Store, Day Care Center, Drug Store, Fast Food, General Freestanding, Medical, Restaurant, Self-Storage, Strip Center, Supermarket

LAND ACRES

6.69 AC

LAND SF

291,416 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C-2

APN/PARCEL ID

32-3N-23-0000-0054-0000

ASK ABOUT THIS PROPERTY

Melissa SimpsonColdwell Banker Commercial RealtyMore Info
850-733-6532

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Melissa SimpsonColdwell Banker Commercial RealtyMore Info
850-733-6532

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.