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Photo 1 of 5: 0.83 Acres June 2nd
0.83 Acres June 2nd
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TBD Richburg Lane, Crestview, FL 32539

Okaloosa County

Key Facts

0.83Lot (acres)

Description

Don't miss this rare opportunity to own a 0.83-acre parcel zoned Mixed Use, allowing for a wide range of residential and commercial development options. This property is part of an upcoming 55-acre mixed-use master plan, and is the first parcel being offered for sale, making it a strategic investment opportunity in one of Crestview's fastest-growing corridors. Ideally situated directly across from the Neighborhood Walmart site, which has started construction, this site will benefit from high visibility and strong traffic flow. The south entrance of the Walmart site aligns directly with this property, ensuring exceptional exposure for any future business or residential development. A new traffic light installation at Highway 85 and Richbourg Lane.

Property Information

Property Type

Commercial Sale

Lot Size

0.83 acres

Lot Dimensions

232.63 x 112.00 x 222.20 x 211.36

Zoning

Mixed-Use

Days on Market

204

MLS® Listing#

989422

Property Features

Financial Details

Parcel Number

09-3N-23-0000-0011-001A

Directions

Turn off of Highway 85N onto Richburg Lane

Affordability Calculator

$79,000

Estimated monthly payment

$2,102/mo

Principal $316,000 · Est. interest $440,848 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Crestview, FL

$309,718
Median Listing Price
60
Median Days on Market
1,820
Median Sq Ft
$178
Median Price / Sq Ft
442
Active Listings
  • This home’s price is 28% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Crestview, FL.

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

Listing Courtesy: Rigdon Real Estate LLC - 8508422826

IDX property data is provided exclusively for consumers’ personal, non-commercial use, and IDX data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS. IDX data provided by the Emerald Coast Association of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by EmeraldCoast. MLS® Listing#989422. © 2026EXIT Realty®. All rights reserved.