641 N Ferdon Boulevard, Crestview, FL 32536
Okaloosa County
Key Facts
Description
PRIME COMMERCIAL OPPORTUINTY in a high-visibility location along the heavily traveled Hwy 85 (N Ferdon Blvd)! This versatile property offers approximately 5103 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.
Property Information
Property Type
Commercial Sale
Lot Size
0.45 acres
Days on Market
36
MLS® Listing#
1001120
Property Features
Financial Details
Parcel Number
08-3N-23-0000-0065-0000
Directions
From the intersection of Ferdon Blvd and James Lee Blvd, go north. Property up on right.
Affordability Calculator
$159,000
Estimated monthly payment
$4,231/mo
Principal $636,000 · Est. interest $887,277 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Crestview, FL
- $308,411
- Median Listing Price
- 62
- Median Days on Market
- 1,823
- Median Sq Ft
- $178
- Median Price / Sq Ft
- 442
- Active Listings
- This home’s price is 158% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Crestview, FL.
Location
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Points of Interest in Crestview, FL
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3687 Airport Road, Crestview, FL | $560,000 | 4 | 3 | 2,578 |
| 611 Terrier Trail, Crestview, FL | $575,000 | 4 | 3 | 2,954 |
| TBD E Hwy 90, Crestview, FL | $579,000 | — | — | — |
| 6.8 acres E Redstone Ave, Crestview, FL | $599,000 | — | — | — |
| 1641 E Highway 90, Crestview, FL | $599,000 | — | — | — |
| 2.9+/-AC Mirage Avenue, Crestview, FL | $599,900 | — | — | — |
Moving Cost Estimate
EXIT Agents in Crestview
Listing Courtesy: ERA American Real Estate - 8506824822