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4869 Retta Ln - 30 ACRES MIXED USE / COMMERCIAL AT I-10 EXIT

30 Acres of Commercial Land Offered at $1,850,000 in Crestview, FL 32536

Investment Highlights

  • 30 AC | ZONING AND FLU WITH 2.0 FAR + 25 UNITS / ACRE DENSITY
  • TWO EXISTING PARCELS FOR INCREASED FLEXIBILITY
  • MIXED USE OR COMMERCIAL AT DISCRETION OF BUYER
  • NEW HIGHWAY UNDER CONSTRUCTION DUE NORTH

Executive Summary

Two separate parcel ID numbers included in sale.

Property Facts

Price $1,850,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Golf Course or Driving Range
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Planned Unit Development
  • Self Storage
  • Single Family Development
  • Trailer or Camper Park
Total Lot Size 30.00 AC

1 Lot Available

Lot

Price $1,850,000
Price Per AC $61,667
Lot Size 30.00 AC

Two parcels comprising ~30 acres mostly cleared with light to moderate vegetation remaining on the northern 8 acres. Existing Cabin and Cement Pool would make a terrific 'Clubhouse'.

Description

CURRENTLY MIXED USE ZONING AND FLU WITH 2.0 FAR + 25 UNITS / ACRE DENSITY.. Previous Feasibility Study reflects RV Park capable of 140+ sites. This property has been annexed and accepted into the City of Crestview. ZONING AND FLU ADJUDICATION WITHHELD - A NEW OWNER / BUYER MAY SELECT MIXED USE OR COMMERCIAL. POTENTIAL FOR ON SITE DRAINAGE MGMT, OR FILL FOR HIGHER DENSITY. Easy access from I-!0 and adjacent to Lowe's, new Texas Roadhouse, and new development. Due north under construction is the new paved highway, ''Crestview Bypass'', which will greatly improve access. Rasberry Rd directly adjacent to the south is said to be in stages of planning for improvement. Dense Retail Corridor, Strong National/Credit Tenant Presence, Across From Three Major Shopping Centers.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 30-3N-23-0000-0006-0010
  • 30-3N-23-0000-0008-0000
Land Assessment
$21,887
Improvements Assessment
$0
Total Assessment
$147,401

zoning

Zoning Code MU MIXED USE or C-1 (COMMERCIAL C-1 OR MU; CURRENTLY MIXED USE ZONING AND FLU WITH 2.0 FAR + 25 UNITS / ACRE DENSITY.)
MU MIXED USE or C-1 (COMMERCIAL C-1 OR MU; CURRENTLY MIXED USE ZONING AND FLU WITH 2.0 FAR + 25 UNITS / ACRE DENSITY.)
  • Listing ID: 32669594

  • Date on Market: 8/2/2024

  • Last Updated:

  • Address: 4869 Retta Ln, Crestview, FL 32536

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