Retail Property with 2 Structures, Zoned MU
Retail-Commercial
for Sale
| Catylist Listing ID: |
30871658 |
| Property Subtypes: |
Free-Standing Building
|
| Building Size (RSF): |
1,934 SF
|
| Gross Land Area: |
1.36 Acres
|
| Sale Price: |
$499,000 |
| Unit Price: |
$258.01 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/4/2024 |
Overview / Comments
|
Commercial retail building with detached oversized 2-door garage on +/-1.36 Acres, Zoned Mixed Use available for purchase in south Crestview with 181 feet of road frontage on Live Oak Church Rd and onsite parking with +/-15 spaces. This site is surrounded by storage facilities, retail, office and residential subdivisions. Less than 0.5 of a mile to Hwy 85 and 0.8 of a mile to I-10. Demographics within a 5 mile radius include a Total Population of 34,009 and an Average Household Income of $63,959.
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Additional Details
| Nearest MSA: |
Crestview-Fort Walton Beach-Destin |
| County: |
Okaloosa |
| Taxing Authority: |
Unincorporated County (1) |
| Tax ID/APN: |
32-3N-23-0000-0010-0000 |
| Zoning: |
MU |
| Retail Clientele: |
General, Family, Business, Traveler |
| Property Located Between: |
John King Rd and Cassady Ln |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
S. Ferdon Blvd (Hwy 85) |
| Traffic/Vehicle Count: |
41,000 |
| Highway Access: |
Less than 0.5 of a mile to Hwy 85 and 0.8 of a mile to I-10. |
| Airports: |
Destin/Fort Walton Beach Airport (VPS), Bob Sikes Airport (CEW) |
| Site Description: |
+/-1.36 acres with commercial building and detached oversized 2 car garage located in south Crestview. Parcel is 181 x 366 x 131 x 183 x 261. Parcel is surrounded by commercial businesses and storage facilities. |
| Area Description: |
Crestview is the county seat of Okaloosa County, and is designated as the Hub City” as it is located at the junction of three major highways” US Hwy 90 (US 90), State Road 85 (SR 85) and Interstate 10 (I-10). As identified in the 2015 Florida Defense Factbook, Eglin Air Force Base, housed in Okaloosa County, is the largest military installation in the Department of Defense. Duke Field, located on SR 85, is the home of the 919th Special Operation Wing. The Economic Development Council of Okaloosa estimated in 2017 the military presence of Duke’s Total Economic Impact in the Community at $51 million annually. Bob Sikes Airport supports a mix of general aviation, defense and industrial aerospace corporations with its 8,000 foot runway with an instrument landing system (ILS) and available acreage on and off airport for lease. |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Year Built: |
1980 |
| Year Renovated: |
2018 |
| Roof Type: |
Hip |
| Construction/Siding: |
Brick |
| Total Parking Spaces: |
15 |
| Parking Type: |
Surface |
| Sprinklers: |
None |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Lot Frontage: |
181 |
| Lot Depth: |
366 |
| Water Service: |
Municipal |
| Sewer Type: |
Septic |
| Land Ownership: |
Fee Simple |
| Legal Description: |
COM SW COR OF NE1/4 OF NE1/4 N 188.84FT TO POB CONT N 131.46FT N 82 DEG E 366.61FT TO W R/W LIVE OAK CHURCH RD THC SELY ALG R/W 184.84FT W 444.7FT TO POB |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,249 |
19,342 |
31,154 |
| Median Age: |
32.97 |
33.21 |
34.03 |
| Households: |
1,137 |
7,161 |
11,424 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
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