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5020 Arena Rd - Prime 19.75-Acre Development Opportunity 19.75 Acres of Commercial Land Offered at $10,900,000 in Crestview, FL 32536
INVESTMENT HIGHLIGHTS
- Location to I-10 Corridor and New Hospital Site
- Land Mostly Cleared
- Existing Electricity
EXECUTIVE SUMMARY
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $10,900,000 | Lot Size | 19.75 AC |
| Price Per AC | $551,898.73 |
| Price | $10,900,000 |
| Price Per AC | $551,898.73 |
| Lot Size | 19.75 AC |
Strategically positioned just off the upcoming FDOT interchange connecting I-10, Hwy 85, Antioch Rd., and PJ Adams, this high-and-dry parcel offers exceptional commercial or mixed-use potential.
DESCRIPTION
Strategically positioned just off the upcoming FDOT interchange connecting I-10, Hwy 85, Antioch Rd., and PJ Adams, this high-and-dry parcel offers exceptional commercial or mixed-use potential. The corridor is now four-laned from Hwy 90 to I-10, unlocking major traffic flow and long-term growth. Currently operated as a horse facility, the land is mostly cleared, flat, and ready for redevelopment. Located near the new hospital site, this property sits in the heart of a rapidly expanding medical and commercial hub—ideal for retail, medical, hospitality, residential development, or a large-scale commercial venture. A rare chance to secure nearly 20 acres in a booming growth path.
PROPERTY TAXES
| Parcel Number | 25-3N-24-0000-0002-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $146,102 |
PROPERTY TAXES
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5020 Arena Rd - Prime 19.75-Acre Development Opportunity
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