Brandon Jordan - Commercial Real Estate Showcase

Brandon Jordan Property Listings
ERA American Realty of NW Florida
938 S Ferdon Blvd
Crestview, FL 32536

1300 James Lee Boulevard - 1300 Highway 90

Crestview, FL 32539

Property Type:Multi-Family Number of Units:4 Status:Existing Year Built:1937
Stories:2 Building Size:4,925 SF Land Area:6.42 AC (279,655 SF)
For Sale Price:$250,000 Price/Unit:$62,500.00 Cap Rate:12.71 % GRM:-


Sale Notes:
Value is in the land - Great for multi-family redevelopment!

Estimated 6.4 acres zoned C1. A small scale amendment should provide 10 units per acre density. The Seller has created a preliminary site plan for 50 apartments/100 parking spaces. There are some dated rental properies 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: shop, office, restaurant, apartments, etc. Affordable Rare Opportunity with Endless Possibilities for Development. Site conceptual plan included in documents.Buyer to verify all specifications herein with City of Crestview.

ERA American Realty of NW Florida
Brandon Jordan
(850) 682-4822

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