5AC Victory Lane, Crestview, FL 32539 (MLS# 972976)

5AC Victory Lane, Crestview, FL 32539

$600,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 217,800 Status: Active

Current Price: $600,000 List Date: 4/03/2025 Last Modified: 12/17/2025

Description

5AC now available For Sale in the bustling Crestview, FL. Property is in the City of Crestview and is zoned Mixed-Use with an allowable residential density of 20 units/acre with a 2.0 FAR. This site does have access to public water and sewer via Victory Lane. Rausch Coleman, now Lennar, is developing a residential neighborhood immediately to the east. Highway 90 E is a fast developing area of Crestview with the Shoal River Ranch Gigasite to the east on Hwy 90. Central Maloney, one of the largest transformer manufacturers, has a planned 300,000sf facility with 350 manufacturing jobs planned. This is a tremendous opportunity for residential and ancilary commercial development.

More Information MLS# 972976

Contract Info

GCCMLS Number: 42297020 Listing Board: Emerald Coast List Date: 2025-03-01 List Price: $600,000

Location, Tax and Legal

Sub Area: 2501 Crestview Southeast Legal Description: COM NW COR FAIR OAKS S/D UNIT 1 E ALG S R/W PUR ADAMS AVE

General Property Info

Listed on GCCMLS: Yes Vacant: Yes Acreage: 5

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: 5AC now available For Sale in the bustling Crestview, FL. Property is in the City of Crestview and is zoned Mixed-Use with an allowable residential density of 20 units/acre with a 2.0 FAR. This site does have access to public water and sewer via Victory Lane. Rausch Coleman, now Lennar, is developing a residential neighborhood immediately to the east. Highway 90 E is a fast developing area of Crestview with the Shoal River Ranch Gigasite to the east on Hwy 90. Central Maloney, one of the largest transformer manufacturers, has a planned 300,000sf facility with 350 manufacturing jobs planned. This is a tremendous opportunity for residential and ancilary commercial development.

Class

Land: 1

Land

Property Type: Mixed Use

None

Current Price: $600,000

Status Change Info

Status: Active

Location Tax and Legal

Area: 25 - Crestview Area Street #: 5AC Street Name: Victory Street Suffix: Lane State: FL Zip Code: 32539 County: Okaloosa Parcel ID: 16-3N-23-0000-0013-0040

Property Features

Class: Land

Listing Office: NBI Properties Inc

Last Updated: December - 17 - 2025

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 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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