Bob Sikes Airport Commerce & Aerospace Park
Industrial
Marketing description
*For any inquires, please contact:
Peter Mlaguzi 305-702-8260
Buster Hoy 619-952-7107
Bob Sikes Commerce & Aerospace Park is a fully entitled 75-acre industrial development site, located directly in front of the industrial entrance to Bob Sikes Airport (CEW) in Crestview, Florida, which features an 8,000 FT runway and existing companies including L3Harris, Vertex Aerospace, and ST Engineering. This site offers immediate development potential for up to 350,000 SF of industrial making it an optimal location for aerospace, defense, logistics, and advanced manufacturing firms.
Positioned at the intersection of key transportation infrastructure, less than 6 miles from I-10, and less than 100 miles from the Mobile port, one of the fastest growing deepwater ports in the US creating demand for over 20M SF of new industrial space in the gulf coast, this site is ideally suited to capitalize on reshoring efforts, port-driven trade growth, and industrial expansion in the Southeastern U.S.
Investment highlights
- Lot Size: 75 Acres
- Entitlements: 350,000 SF Industrial/Flex/Commercial
- Total Asking Price: $2,100,000
- Projected Net Rentable SF (NRSF): 315,000 SF @ 90% utilization
- Land Cost Per NRSF: $7.78
- Price Per Acre: $32,667
- Proximity to Ports: 100 miles to Mobile, 80 miles to Panama City
- Major Highway Access: 6 miles from I-10, allowing rapid distribution
- Multiple Streams of Revenue: Prospective tenants to lease outside industrial storage areas on month-to month terms marketed at $1,000/month
- Growing Workforce: 127,000+ residents within 21 miles
- Average Income: $103,440 per household
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