Marcus & Millichap is pleased to present an exceptional airport-adjacent development opportunity located within the Bob Sikes Airport Industrial District in Crestview, Florida. The property consists of approximately 6.75 acres, with an additional adjacent 3.25-acre parcel available for assemblage, creating a combined development opportunity of approximately 10 acres.
Positioned within one of Northwest Florida's fastest-growing industrial corridors, the site benefits from I-2 Airport Industrial zoning and an Industrial Future Land Use designation, allowing for a wide range of industrial, aviation-related, outdoor storage, contractor yard, fleet parking, warehousing, distribution, and self-storage applications. The flexible zoning provides developers and owner-users with multiple development paths and exit strategies.
A significant value-add component of the offering is the existing entitlement work for a self-storage and RV/boat storage development, allowing buyers to capitalize on substantial time and cost savings while maintaining the flexibility to pursue alternative industrial uses. The property's entitlement status creates a unique opportunity for both self-storage developers and industrial investors seeking a site with immediate development potential.
The site's strategic location adjacent to Bob Sikes Airport places it within a growing hub for aerospace, aviation services, defense-related businesses, logistics operators, and industrial users. The airport's 8,000-foot runway, industrial business park environment, and proximity to major transportation corridors make the area attractive to a diverse range of tenants and users.
In addition to self-storage, the property is well-suited for Industrial Outdoor Storage (IOS), contractor equipment yards, fleet vehicle storage, aviation support services, warehousing, light manufacturing, distribution facilities, and build-to-suit industrial development. The optional assemblage parcel further enhances the property's scalability and appeal to larger users requiring additional acreage.
Located in Crestview, the property benefits from strong regional growth driven by Eglin Air Force Base, Hurlburt Field, defense contractors, and continued population growth throughout Okaloosa County and the Florida Panhandle. The area's expanding industrial and logistics sector continues to generate demand for developable industrial land with flexible zoning and transportation access.
This offering represents a rare opportunity to acquire an airport-industrial development site with existing self-storage entitlements, broad permitted uses, and significant upside potential in one of Northwest Florida's most dynamic growth markets. Whether pursued as a self-storage project, industrial outdoor storage facility, aviation-related development, or broader industrial investment, the property offers exceptional flexibility and long-term value creation potential.
