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Industrial Drive & 3rd Avenue - Walmart Anchored Site 12 Acres of Commercial Land in Crestview, FL 32539

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Investment Highlights

Walmart Anchored Site
One of The Fastest Growing Municipalities In The State Of Florida

Highest and Best Use Zoning

Executive Summary

Rare assemblage of +- 12 acres in the City of Crestview, immediately adjacent to the new Walmart Neighborhood Market at 1150 Industrial Drive in North Crestview. The site sits along the SR 85 / North Ferdon Boulevard corridor, in one of Okaloosa County’s fastest-growing commercial nodes serving Crestview, Baker, and Laurel Hill.
Zoning (City of Crestview)
.1.63 acres — C-2 (Commercial High-Intensity)
Suited for restaurants, large-scale retail, fuel, hotels, offices, entertainment, and similar high-intensity commercial uses.
.+/- 11 acres — Mixed-Use (MU)
Allows a combination of commercial and residential uses, including retail, office, and residential density of up to 20 dwelling units per acre, with a
commercial FAR of 2.0.
This split zoning supports a true mixed-use master plan: high-visibility commercial pads next to Walmart, with the balance available for additional retail, QSR, multifamily, townhomes, or a blended live-work concept.

Property Facts

Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Proposed Use	Commercial Industrial Retail Office Mixed Use Multifamily Hospitality Apartment Units Auto Dealership Auto Repair Bank Carwash Daycare Centre Fast Food Hotel Industrial Live or Work Unit Motel Movie Theater Movie, Radio or Television Studio Neighbourhood Centre Office Park Outlet Centre Restaurant Retail Warehouse Storefront, Retail or Office Strip Centre Warehouse
Property Type	Land	Total Lot Size	12.00 AC
Zoning	Mixed-Use & C-2 - Mixed-Use : Allows a combination of commercial and residential uses, including retail, office, and residential of up to 20 dwelling units per Acre

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Industrial Retail Office Mixed Use Multifamily Hospitality Apartment Units Auto Dealership Auto Repair Bank Carwash Daycare Centre Fast Food Hotel Industrial Live or Work Unit Motel Movie Theater Movie, Radio or Television Studio Neighbourhood Centre Office Park Outlet Centre Restaurant Retail Warehouse Storefront, Retail or Office Strip Centre Warehouse
Total Lot Size	12.00 AC
Zoning	Mixed-Use & C-2 - Mixed-Use : Allows a combination of commercial and residential uses, including retail, office, and residential of up to 20 dwelling units per Acre