Crestview, FL
Commercial Real Estate Market Trends & Data

$232 Avg asking sale price
$2,392 Avg asking lease rate
5,582 SF Avg unit lease size
5,202 SF Avg building size for sale
6.38% Average cap rate

Crestview's Demographic Profile

Crestview has 10,074 households and a median income of $59,191, providing context for rent absorption and tenant demand across retail and multifamily assets. A +4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 27,909
# Households 10,074
Median age 34
Median household income $59,191
Avg household size 3.0
Renter-occupied housing units 4,162
5-year population change +4%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Crestview, FL

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Crestview $195 4,080 SF
Laurel Hill $246 3,766 SF
Defuniak Springs $767 5,391 SF
Niceville $133 6,774 SF
Valparaiso $133 6,774 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Crestview $202 8,400 SF 6.38%
Defuniak Springs $133 42,000 SF 7.72%
Niceville $157 35,120 SF 6.19%
Valparaiso $157 35,120 SF 6.19%
Fort Walton Beach $195 34,777 SF 6.19%

Commercial Properties For Sale in Crestview

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Highway 90

Crestview, FL 32536

  • 1.25 AC Lot
  • 1 Commercial Lot
  • $950,000
For Sale

Florida united Properties

Crestview, FL 32536

  • 3.08 AC Lot
  • 1 Commercial Lot
  • $189,000
For Sale

641 N Ferdon Blvd

Crestview, FL 32536

  • 4,080 SF Retail Building
  • $795,000
For Sale

591 Brookmeade Dr

Crestview, FL 32539

  • 12.98 AC Lot
  • 1 Commercial Lot
  • $950,000
For Sale

.62 Acre Brookemeade Dr

Crestview, FL 32539

  • 0.62 AC Lot
  • 1 Commercial Lot
  • $325,000
For Sale

Sage Tree Apartments

Crestview, FL 32539

  • 8,400 SF Multifamily
  • 6.38% Cap Rate
  • $1,700,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Understand how straight-line depreciation works, when to use it, and how it affects your after-tax returns across every stage of ownership.
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Compare financing, cash flow, risk, and exit options so you can choose the right property size for your goals.
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Force Majeure Clause
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Understand how force majeure clauses work in commercial real estate leases, including what they cover, when they apply, and how to draft them to manage risk.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Crestview pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Crestview $232 5,202 SF
Laurel Hill $246 3,766 SF
Defuniak Springs $469 36,601 SF
Niceville $238 14,965 SF

Regional Demographic Comparison

This comparison places Crestview alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Crestview or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Crestview 27,909 10,074 34 $59,191 3 4,162 4%
Laurel Hill 653 256 46 $63,040 3 42 6%
Defuniak Springs 4,908 1,706 38 $42,425 3 718 13%
Niceville 14,840 5,899 40 $82,936 3 1,713 3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Crestview, FL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Crestview

View All Commercial Real Estate For Sale in Crestview
Is Crestview a good market for a first-time commercial real estate investor?

Crestview offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Crestview?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Crestview. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Crestview?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Crestview. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Crestview compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Crestview. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Crestview acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Crestview, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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