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4550 Garrett Pit Rd
Crestview, FL 32536
Land For Sale · 60.00 AC

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Investment Highlights

  • Rare chance to acquire the Phillips Portfolio, a strategically curated collection of 43 assets positioned across Northwest Florida.
  • Portfolio contains income-producing assets, active development parcels, and well-located greenfield land.
  • Balanced mix of residential, commercial, and industrial properties offering diversified risk and strong performance
  • Site is positioned near top schools, commercial amenities, and expanding residential corridors that continue to drive demand in western Crestview.

Executive Summary

The Phillips Portfolio represents a once-in-a-generation opportunity to invest in one of America's most dynamic growth markets. The Portfolio has been strategically assembled to include an inventory of 43 high-value assets. These assets span across Northwest Florida and include residential, commercial, and industrial assets. Structured with current income-producing, in-process development parcels and greenfield land opportunities. The Phillips Portfolio offers above-market return opportunities across the immediate, medium, and long-term investment horizons. Inquire with Listing Agents for full portfolio information.
Cherry Brook is a +/-60 acre single-family residential development site in Crestview. The site is proximate to schools and other commercial amenities that Crestview has to offer. With the connection of PJ Adams Parkway with Interstate 10, the Western side of Crestview has seen an increase in demand for commercial and residential real estate. The Cherry Brook subdivision is just off a main thorough far e, PJ Adams, and is supported by the growing Crestview market. With +90% of all entitlement and permitting in place, it can be ready for construction within weeks.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Single Family Residence
Total Lot Size 60.00 AC

1 Lot Available

Lot

Price $4,489,056 CAD
Price Per AC $74,817.60 CAD
Lot Size 60.00 AC
  • Listing ID: 39308453

  • Date on Market: 2026-02-03

  • Last Updated:

  • Address: 4550 Garrett Pit Rd, Crestview, FL 32536

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