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3742 U.S. 90 US-90 Hwy
Crestview, FL 32539
Land For Sale
·
13.58 AC
INVESTMENT HIGHLIGHTS
- Immediate area is experiencing exponential growth with up to 2,400 units of Mixed Use Affordable Housing under development & planned for future dev.
- Subject Property is located 1.2 miles from Shoal River Ranch Industrial Park
- Shoal River Ranch Industrial Park is projected to create 11,000 new jobs; 4500 high paying manufacturing & technology jobs, and 5500 ancillary jobs
- Subject Property is centrally located by two large Mixed Use and Sgle Family Sub-Division totaling up to 1700 units of density
- Shoal River Ranch Industrial Park is 10,500 acres that is deemed to be the largest industrial park in the State of Florida
- 12 inch force main sewer tie-in is 200 feet away
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,500,000 | Lot Size | 13.58 AC |
| Price Per AC | $184,094.26 |
| Price | $2,500,000 |
| Price Per AC | $184,094.26 |
| Lot Size | 13.58 AC |
13.58 Acres fronting 930 linear feet on US HWY - 90 in Crestview, FL. The property has a relatively flat topography in Zone X, offering 100% of uplands for commercial development.
DESCRIPTION
Subject property fronts 930 linear feet on US-90 directly across from a 600-acre DR Horton Development called Independence, featuring 1100 units of single-family density. In addition, a 550-acre mixed-use residential project is currently going through the permitting process for large-scale single & multi-family development called Chelsea's Place, located southwest of the subject property. The subject property is 100% uplands. Okaloosa Natural Gas and Auburn Water Supply are on site, and Okaloosa County's Sewer and Water Department maintains close access to a 12-inch force main sewer line. The subject property is well-positioned for high-density commercial land uses to provide a broad spectrum of administrative, medical, and retail service providers, complemented by multi-family leasing opportunities.
