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641 N Ferdon Blvd 4,080 SF 100% Leased Retail Building Crestview, FL 32536 $1,085,700 CAD ($266.10 CAD/SF)



Investment Highlights
- Exceptional frontage along Hwy 85 (N Ferdon Blvd), a major Crestview thoroughfare with consistent traffic flow.
- Convenient access provided by approximately 18 onsite parking spaces.
- Minutes from downtown Crestview and additional retail, dining, and services.
- Versatile building configuration with three units, two currently leased for immediate cash flow.
- Located in a rapidly expanding area near the new Walmart Marketplace development.
- Situated on a .45-acre lot offering strong exposure and signage opportunities.
Executive Summary
PRIME COMMERCIAL OPPORTUINTY in a high-visibility location along the heavily traveled Hwy 85 (N Ferdon Blvd)! This versatile property offers approximately 4,080 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.
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,080 SF
Building Class
C
Year Built
1965
Price
$1,085,700 CAD
Price Per SF
$266.10 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.21
Lot Size
0.45 AC
Zoning
C - Commercial
Parking
18 Spaces (4.41 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 08-3N-23-0000-0065-0000 | Improvements Assessment | $261,793 CAD |
| Land Assessment | $282,961 CAD | Total Assessment | $544,754 CAD |
Property Taxes
Parcel Number
08-3N-23-0000-0065-0000
Land Assessment
$282,961 CAD
Improvements Assessment
$261,793 CAD
Total Assessment
$544,754 CAD
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641 N Ferdon Blvd
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