Address
914 N FERDON BLVD Crestview, FL
Price
$ 485,000
Property Attributes
  • MLS#540244
  • TypeCommercial
  • CountyOKALOOSA
  • CityCrestview
  • AreaOkaloosa
  • Zip32536
  • StyleRETAIL
  • Price$ 485,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2863
  • Lot Size0.39 Acres
Listing Provided Courtesy Of:
Coldwell Banker Commercial NRT
Property Description

100% occupied multi-tenant (3-Unit) building, 120 ft on SR 85/ N. Ferdon Blvd with powered pylon sign. This 2863 sq ft bldg has all 3 tenants in place with 5 year renewal options. Recent improvements include, newly paved and lined parking lot, awning over unit 3 entrance, motion lights, along with updates to Unit 1 and the break room. Located 1.4 miles from US Hwy 90 & the Okaloosa County Courthouse, and 4 miles to Interstate 10. Demographics within a 5 mile radius of this location include a Population of 34,965 and an Average House Hold Income of $61,137. Traffic count of 25,500 (AADT).

Price History
7/31/2018 Listed $889,000
9/14/2018 2% - $875,000
10/27/2018 12% - $775,000
1/17/2019 4% - $750,000
8/26/2019 4% - $725,000
11/16/2019 18% - $600,000
1/17/2020 13% - $525,000
1/23/2020 10% - $475,000

General Features

Area Description New commercial development within one mile of this location include Waffle House, Walmart, and a Publix Shopping Center. Existing National chains include Taco Bell, Sonic, McDonalds, Wendy's, Ace Hardware
Category COMMERCIAL SALES
Listing Area OKALOOSA
Status Active
Status Active
Zoning C-1 RETAIL COMM DIST

Exterior Features

Lot Size Area 0.39

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32536

Price
AVG $540K
$490K
Visits
AVG 37
9

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