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3742 U.S. 90 US-90 Hwy 13.58 Acres of Commercial Land Offered at $2,500,000 in Crestview, FL 32539

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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

Price	$2,500,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail Mixed Use Apartment Units Healthcare
No. Lots	1	Total Lot Size	13.58 AC
Property Type	Land	No. Stories	1
Zoning	R-1 / AA - The current zoning is R-1 (low-density residential). A future land use variance of Mixed Use, C-3 Commercial Zoning can be obtained.

Price	$2,500,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Mixed Use Apartment Units Healthcare
Total Lot Size	13.58 AC
No. Stories	1
Zoning	R-1 / AA - The current zoning is R-1 (low-density residential). A future land use variance of Mixed Use, C-3 Commercial Zoning can be obtained.

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.

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