This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1000 PJ Adams Pky

0.94 Acres of Commercial Land Offered at $510,289 CAD in Crestview, FL 32536

Investment Highlights

  • Improved 0.94 Acres
  • 5 Mile Demographics: Total Population 30,102 and Average Income $62,355.
  • Combined AADT of 60,000 at the intersection of (SR 85 & PJ Adams)

Executive Summary

Crestview is the county seat of Okaloosa County, and is designated as the Hub City” as it is located at the junction of three major highways” US Hwy 90 (US 90), State Road 85 (SR 85) and Interstate 10 (I-10). As identified in the 2015 Florida Defense Factbook, Eglin Air Force Base, housed in Okaloosa County, is the largest military installation in the Department of Defense. Duke Field, located on SR 85, is the new home of the 919th Special Operation Wing. The Economic Development Council of Okaloosa estimated in 2017 the military presence of Duke’s Total Economic Impact in the Community at $51 million annually. Bob Sikes Airport supports a mix of general aviation, defense and industrial aerospace corporations with its 8,000 foot runway with an instrument landing system (ILS) and available acreage on and off airport for lease. The Okaloosa-Walton Transportation Planning Organization (OWTPO) reports, Okaloosa County’s median household income is $55,768 with the 32536 zip code coming in at $62,862 as reported by the Bureau of Labor Statistics.

Property Facts

Price $510,289 CAD
Sale Type Investment
Sale Conditions High Vacancy Property
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.94 AC

1 Lot Available

Lot

Price $510,289 CAD
Price Per AC $542,861 CAD
Lot Size 0.94 AC

Improvements include retaining wall, asphalt parking lot and access road, under ground storm water to storm water retention pond. Connected to water, sewer, electric and gas within the boundary. PJ Adams is right in, right out access only.

Description

Improved 0.94 Acres located on a Lighted Hard Corner in the largest City in the FWB-Crestview-Destin Metro Statistical Area. Improvements Include retaining wall, asphalt parking lot and access road, under ground storm water to storm water retention pond. Connected to water, sewer, electric and gas. One Mile South of I-10 with a combined traffic hit count of 60,000 at the intersection of (SR 85 & PJ Adams) of this C-2 zoned development site. Current AADT on PJ Adams is 18,400 and AADT on S. Ferdon Blvd (SR 85) is 41,500. 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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32-3N-23-0000-0050-003D
Land Assessment
$29,230 CAD
Improvements Assessment
$12,088 CAD
Total Assessment
$41,318 CAD

zoning

Zoning Code C-2 (General Commercial)
C-2 (General Commercial)
  • Listing ID: 22359574

  • Date on Market: 2021-03-01

  • Last Updated:

  • Address: 1000 PJ Adams Pky, Crestview, FL 32536

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}