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1000 PJ Adams Pky 0.94 Acres of Commercial Land Offered at $358,500 in Crestview, FL 32536

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INVESTMENT HIGHLIGHTS

  • Improved 0.94 Acres
  • 5 Mile Demographics: Total Population 38,785 and Average Income $89,765
  • Combined AADT of 60,000 at the intersection of (SR 85 & PJ Adams)

EXECUTIVE SUMMARY

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 new 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).

ATTACHMENTS

Brochure

PROPERTY FACTS

Price $358,500
Sale Type Investment
Sale Condition High Vacancy Property
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.94 AC
Zoning C-2 - General Commercial

1 LOT AVAILABLE

Lot

Price $358,500
Price Per AC $381,382.98
Lot Size 0.94 AC

Improvements include retaining wall, asphalt parking lot and access road, under ground storm water to storm water retention pond. Connected to water, sewer, electric and gas within the boundary. PJ Adams is right in, right out access only.

DESCRIPTION

Improved 0.94 Acres located on a Lighted Hard Corner in the largest City in the FWB-Crestview-Destin Metro Statistical Area. Improvements Include retaining wall, asphalt parking lot and access road, under ground storm water to storm water retention pond. Connected to water, sewer, electric and gas. One Mile South of I-10 with a combined traffic hit count of 60,000 at the intersection of (SR 85 & PJ Adams) of this C-2 zoned development site. Current AADT on PJ Adams is 18,400 and AADT on S. Ferdon Blvd (SR 85) is 41,500.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32-3N-23-0000-0050-003D
Land Assessment
$21,034
Improvements Assessment
$9,562
Total Assessment
$30,596
  • Listing ID: 22359574

  • Date on Market: 3/1/2021

  • Last Updated:

  • Address: 1000 PJ Adams Pky, Crestview, FL 32536

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