5908 Houston Ln - Crestview Multifamily Property 28.92 Acres of Commercial Land Offered at $5,400,000 in Crestview, FL 32539
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PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $5,400,000 |
| Price Per AC | $186,721.99 |
| Lot Size | 28.92 AC |
Exceptional investment opportunity to purchase 28.92 acres of Mixed Use Commercial Land located in the flourishing growth area of Crestview, FL.
DESCRIPTION
Exceptional investment opportunity to purchase 28.92 acres of Mixed Use Commercial Land located in the flourishing growth area of Crestview, FL. This gorgeous property boasts 725 linear feet on Highway 85 North and over 1,500 linear feet around Houston Lane, wrapping the entire western, northern, and eastern sides of the property, promoting excellent traffic circulation and access. The property's inherent beauty and land use permit various uses, including but not limited to Assisted Living, Multi-Family, Medical, and Commercial Retail. Okaloosa County MU Zoning allows for 20 residential units per acre and Floor Area Ration of 2.0 for commercial cases. Ideal 1031 investment property for those seeking a like-kind commercial property exchange.
PROPERTY TAXES
| Parcel Number | 33-4N-23-0000-0017-0040 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,060 |
