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5908 Houston Ln - Crestview Multifamily Property 28.92 Acres of Commercial Land Offered at $7,284,222 CAD in Crestview, FL 32539

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Property Facts

Price $7,284,222 CAD
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Apartment Units
  • Apartment Units - Senior
  • Auto Dealership
  • Garden Centre
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Hospital
  • Master Planned Community
  • Medical
  • Planned Unit Development
  • Power Centre
  • Storefront, Retail or Office
  • Strip Centre
Total Lot Size 28.92 AC
Zoning MU Commercial

1 Lot Available

Lot

Price $7,284,222 CAD
Price Per AC $251,874.90 CAD
Lot Size 28.92 AC

Exceptional investment opportunity to purchase 28.92 acres of Mixed Use Commercial Land located in the flourishing growth area of Crestview, FL.

Description

Exceptional investment opportunity to purchase 28.92 acres of Mixed Use Commercial Land located in the flourishing growth area of Crestview, FL. This gorgeous property boasts 725 linear feet on Highway 85 North and over 1,500 linear feet around Houston Lane, wrapping the entire western, northern, and eastern sides of the property, promoting excellent traffic circulation and access. The property's inherent beauty and land use permit various uses, including but not limited to Assisted Living, Multi-Family, Medical, and Commercial Retail. Okaloosa County MU Zoning allows for 20 residential units per acre and Floor Area Ration of 2.0 for commercial cases. Ideal 1031 investment property for those seeking a like-kind commercial property exchange.

Property Taxes

Property Taxes

Parcel Number
33-4N-23-0000-0017-0040
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,128 CAD
  • Listing ID: 27212767

  • Date on Market: 2022-11-30

  • Last Updated:

  • Address: 5908 Houston Ln, Crestview, FL 32539

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