Crestview, FL 32536,4980 S Ferdon Boulevard
Crestview, FL 32536,4980 S Ferdon Boulevard
Crestview, FL 32536,4980 S Ferdon Boulevard
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Listed by Melissa Simpson • Coldwell Banker Commercial NRT
Bought with Jacqueline Luberto • Realty ONE Group Emerald Coast

$1,890,000

$1,800,000

5.0%
Est.Price: ?

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Est. payment /mo

1 Acres Lot


SOLD DATE : 10/04/2024

Key Details

Sold Price $1,890,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 826367

Sold Date 10/04/24

Lot Size 1.000 Acres

Property Description

1.5 Acres located on a Lighted Hard Corner in the largest City in the FWB-Crestview-Destin Metro Statistical Area. One Mile South of I-10 with a combined traffic hit count of 68500 at the intersection of (SR 85 & PJ Adams) of this C-1 zoned development site. 919th Special Operation Wing is located 6 miles South and Bob Sikes Airport is 7.5 miles North East. Located at the 2019 project starting point (Phase I) of the Approved FDOT PJ Adams Pkwy Four Lane/New I-10 Interchange Project; opening ~300 acres within the City of Crestview for commercial economic development and 1,800 acres for residential development. FUTURE TRAFFIC on the PJ Adams corridor will range between 35,600 and 44,100. Current AADT on PJ Adams is 19,000 and AADT on S. Ferdon Blvd (SR 85) is 49,500.

Location

State FL

County Okaloosa

Area 25 - Crestview Area

Zoning C-1 (Neighborho

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