Skip to main contentSkip to navigation
1 / 16

Commercial Land for Sale in Crestview, Florida

320-370 W Redstone Ave, Crestview, FL 32536

$5,900,000
2 acres
Active sale
ago
Est $36,096/mo

100% OCCUPIED MEDICAL OFFICE INVESTMENT | LONG-TERM TENANTS | POSITIVE CASH FLOW Exceptional opportunity to acquire a fully occupied, income-producing medical office complex in the growing Crestview market. This approximately 15,000-square-foot commercial medical property consists of three approximately 5,000-square-foot suites with established healthcare-related tenants and long-term lease commitments. Income is in place from day one. The property offers positive monthly cash flow, a triple-net lease structure, contractual rental income, and limited landlord operating responsibilities--an attractive combination for investors seeking a stabilized commercial real estate asset without the uncertainty and expense associated with lease-up. Strategically located less than one mile from the local hospital with convenient access to I-10 and major Crestview corridors, the complex is positioned within a growing Northwest Florida market. INVESTMENT HIGHLIGHTS: 100% occupancy " Long-term tenants " Approximately 15,000 SF " Three approximately 5,000 SF suites " NNN lease structure " Positive monthly cash flow " Contractual rent growth " Minimal landlord responsibilities " Well-maintained property " No known significant deferred capital expenditures " Excellent hospital and I-10 proximity. This is an opportunity to acquire more than commercial real estate -it is an established income-producing investment with tenants, leases, and cash flow already in place.

—
Sq feet

Location

Street address
320-370 W Redstone Ave
Zip code
32536
Community
Crestview Area
Elevation
220 feet
Coordinates
30.7364, -86.5679

Directions

Heading North on 85 turn left on Redstone Avenue. Property is behind North Okaloosa Surgery Center-West on Redstone Avenue.

Property details

Acreage
1.97 acres85,813 sq ft
Zoning
Professional
MLS #
ECARMLS 1013035
Posted

Parcels

  • 29-3N-23-0440-0300-0010

Legal description

Details and features

Listing

Type
Commercial Sale
Conditions
In Foreclosure, Real Estate Owned
Franchise
ERA Real Estate

Listing history

DateEventPriceChangeSource
Oct 1, 2026New listing$5,900,000—ECARMLS
Subscribe to listing updates

Payment calculator

This 1.97-acre property is located at 320-370 W Redstone Ave in Crestview, FL 32536. The property is available for sale, priced at $5,900,000. It has a structure.

Listed by ERA American Real Estate, (850) 651-2454

Checked 1 hour agoUpdated

Report listing issue

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact