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5020 Arena Rd - Prime 19.75-Acre Development Opportunity 19.75 Acres of Commercial Land Offered at $14,984,993 CAD in Crestview, FL 32536

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INVESTMENT HIGHLIGHTS

  • Location to I-10 Corridor and New Hospital Site
  • Land Mostly Cleared
  • Existing Electricity

EXECUTIVE SUMMARY

For showing instructions and availability Mon-Fri please text Cassidy, 770.789.9932 For weekend/holiday showings call or text Lisa at (850) 685-3408 Showings by appt only. Buyer to verify all dimensions, fees and other information deemed relevant and important.

PROPERTY FACTS

Price $14,984,993 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Hospitality
  • Garden Centre
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Horse Stables
  • Medical
  • Office Park
  • Open Space
  • Rehabilitation Centre
  • Specialty, Festival or Entertainment
  • Veterinarian or Kennel
  • Pasture Ranch
Total Lot Size 19.75 AC

1 LOT AVAILABLE

Lot

Price $14,984,993 CAD
Price Per AC $758,733.85 CAD
Lot Size 19.75 AC

Strategically positioned just off the upcoming FDOT interchange connecting I-10, Hwy 85, Antioch Rd., and PJ Adams, this high-and-dry parcel offers exceptional commercial or mixed-use potential.

DESCRIPTION

Strategically positioned just off the upcoming FDOT interchange connecting I-10, Hwy 85, Antioch Rd., and PJ Adams, this high-and-dry parcel offers exceptional commercial or mixed-use potential. The corridor is now four-laned from Hwy 90 to I-10, unlocking major traffic flow and long-term growth. Currently operated as a horse facility, the land is mostly cleared, flat, and ready for redevelopment. Located near the new hospital site, this property sits in the heart of a rapidly expanding medical and commercial hub—ideal for retail, medical, hospitality, residential development, or a large-scale commercial venture. A rare chance to secure nearly 20 acres in a booming growth path.

  • Listing ID: 38863227

  • Date on Market: 2025-12-23

  • Last Updated:

  • Address: 5020 Arena Rd, Crestview, FL 32536

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