Friday, June 2, 2017

1300 Highway 90 Crestview FL Commercial development land for sale

758850    - Commercial for Sale  Multi-Family - Active

  $295,000 
Property Name:Hwy 90 Dev
Office File #: 43626
Address:1300 Us Hwy 90, Crestview, FL 32539
County:Okaloosa
Area:25 - Crestview Area
Sub Area:2504 - Crestview Northeast

Parcel ID:16-3N-23-0000-0006-0000
Property Type:Commercial
 









 
  


 

Lot Frontage:700

Construction Status:Existing
Directions: From Hwy 85 South travel North into Crestview, take Hwy 90 E and this parcel is on the left just past the County Jail.
Legal Description: E1/2 OF SW1/4 OF NW1/4 N OF HY; BEG NW COR SE1/4 OF NW1/4 E 210 FT S TO HY NW ALONG HY 210 FT N TO BEG; S 3A OF E1/2 OF NW1/4 OF NW1/4 DB 58 PG 480 LESS PART SOLD



Priced for a quick sale, listed 70,000 under most recent appraised value from last year. Estimated 6.4 acres zoned C1. A conventional amendment should provide 15 units per acre density. The Seller has created a preliminary site plan to start for 50 apartments/100 parking spaces if desired to go larger units on smaller scale 10 per acre. There are some dated rental properties and a residence on the property but no value is given to the buildings. Lots of frontage on Highway 90 East. This parcel has lots of possibilities: shops, offices, restaurant, apartments, etc.