2221 S Ferdon Boulevard, Crestview, FL 32536

$2,425,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 86,249 Status: Sold
Current Price: $2,425,000 List Date: 4/26/2021 Last Modified: 10/13/2024

Overview

Description

COURT PLAZA- Court Plaza is a 21,800sf retail center located at the intersection of South Ferdon Blvd. and Redstone Ave. in Crestview FL. This property has great visibility, plenty of parking and is conveniently located near the North Okaloosa Medical Center. Units range in size from 960sf to 3800sf with various floor plans and layouts available to accommodate a healthy Tenant mix. The City of Crestview's growth rate is out pacing the national rate by 37%. Five mile demographics for this site are: Population- 42,125 Households- 14,940 with an average household income of $79,000. Traffic counts at the intersection of Ferdon Blvd. and Redstone Ave. are 44,500 ADT. Excellent Location ,Controlled Intersection, 7.3% CAP Rate.

Listing Details MLS# 870265

Status Change Info

Under Contract Date
2021-05-06
Sold Date
2021-07-06

Contract Info

GCCMLS Number
30726182
Listing Board
Emerald Coast

Location Tax and Legal

Area
25 - Crestview Area
Street #
2221
Street Direction
S
Street Name
Ferdon
Street Suffix
Boulevard
State
FL
Zip Code
32536
County
Okaloosa
Parcel ID
20-3N-23-0000-0146-0050

General Property Info

Listed on GCCMLS
Yes
Acreage
1.98
Lot Frontage
300
Lot Depth
300

Retail

Year Built
1987
# of Units
14

More Information

Location, Tax and Legal

Sub Area
2501 Crestview Southeast
Legal Description
COM SE COR W1292.8 FT TO POB W300 FT TO E R/W N12 DEG E307.98 FT E140.1 FT S15.72 FT E205.72 FT S50 FT W71.8 FT S10 DEG W274.4 4 FT TO POB EX S33 FT AS SEE ADDITIONAL LEGAL ON TAX ROLL

Listing Info, Tax & Legal

As Is
No

Remarks & Misc

Remarks
COURT PLAZA- Court Plaza is a 21,800sf retail center located at the intersection of South Ferdon Blvd. and Redstone Ave. in Crestview FL. This property has great visibility, plenty of parking and is conveniently located near the North Okaloosa Medical Center. Units range in size from 960sf to 3800sf with various floor plans and layouts available to accommodate a healthy Tenant mix. The City of Crestview's growth rate is out pacing the national rate by 37%. Five mile demographics for this site are: Population- 42,125 Households- 14,940 with an average household income of $79,000. Traffic counts at the intersection of Ferdon Blvd. and Redstone Ave. are 44,500 ADT. Excellent Location ,Controlled Intersection, 7.3% CAP Rate.

Class

Retail
Yes

Construction Status

Existing
Yes

Property Features

Class: Retail Construction Status: Existing
Listing Office: Taylor Allen Properties LLC
Last Updated: October - 13 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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