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33216166
33216167

JOHN GIVENS RD, CRESTVIEW, FL 32539

Coconut Palm Real Estate
Listed by Coconut Palm Real Estate
$9,800,000
3 days on market
Updated 3 days ago

JOHN GIVENS RD CRESTVIEW FL 32539

Details
APN 10-3N-23-0000-0001-0000
Property Type Land
Sub Type Agricultural
Acreage 313.000
Zoning Agricultural

Prime Development Land Near Bob Sikes Airport and Shoal River Ranch

Marketing description

Exceptional development opportunities of this scale are becoming increasingly rare in Northwest Florida. This 313± acre tract offers a unique combination of location, accessibility and growth potential in one of the region's most active development corridors.

Located just west of Bob Sikes Airport with convenient access to U.S. Highway 90, the property is ideally positioned to capitalize on both residential and commercial growth. Existing high-density residential development adjacent to the property demonstrates the area's strong housing demand and provides a natural extension for future residential expansion.

The property's proximity to Bob Sikes Airport creates additional possibilities for commercial, office and mixed-use development. The acreage nearest the airport may be particularly attractive for professional offices, business parks, aviation-related services, retail support businesses and other commercial uses designed to serve the area's expanding population and workforce.

Adding to its investment appeal, the property is located approximately 5 miles northwest of the Shoal River Ranch Gigasite, home to the future Williams International aviation gas turbine engine manufacturing campus. This multi-billion-dollar project is expected to generate significant economic activity, create hundreds of high-paying jobs and fuel long-term population growth throughout the region.

With approximately 263 acres of predominantly upland land, multiple access points from Adora Teal Way and John Givens Road, and natural features including two small creek corridors, the property offers flexibility for a wide variety of development concepts. Whether envisioned as a master-planned residential community, a mixed-use destination, a commercial business park or a combination of uses, the tract provides the size and location necessary to create a transformative project.

As major employers continue investing in the area and infrastructure improvements support future growth, this property represents a compelling opportunity to secure a significant position in the path of Northwest Florida's next wave of development.

Investment highlights

• 313± acres of strategically located development land positioned just west of the south end of Bob Sikes Airport with convenient access to U.S. Highway 90.

• Predominantly upland property with approximately 50 acres of wetlands identified on county mapping, providing a favorable land-to-development ratio.

• Adjacent to existing high-density residential development, demonstrating established demand for housing and supporting future residential, mixed-use or commercial opportunities.

• Frontage and access from both Adora Teal Way and John Givens Road, offering multiple potential points of ingress and egress.

• Located within a rapidly expanding growth corridor in northern Okaloosa County, an area experiencing significant residential, commercial and industrial investment.

• Approximately 5 miles northwest of the Shoal River Ranch Gigasite, the future home of Williams International's multi-billion-dollar aviation gas turbine engine manufacturing campus.

• Positioned to benefit from what is expected to be the largest economic development project in Northwest Florida history, projected to create more than 300 high-paying jobs and support long-term regional population growth.

• Near major transportation and employment centers, including Bob Sikes Airport, Crestview, Interstate 10 and the expanding Shoal River Ranch industrial corridor.

• The portion of the property nearest Bob Sikes Airport may be well-suited for commercial, office, business park or mixed-use development, creating opportunities to serve airport-related businesses, professional services and the growing regional workforce.

• Natural features include two small creek systems, providing opportunities for green space, trail systems, stormwater amenities and enhanced community design.

• Large contiguous tracts with development potential and proximity to major employment centers are becoming increasingly scarce, creating strong long-term appreciation and development potential.

• Suitable for a variety of development concepts, including high-density residential, master-planned communities, mixed-use projects, workforce housing, commercial development or long-term investment hold strategies.

• Located in the path of growth as infrastructure investments, industrial expansion and residential demand continue to reshape the northern Okaloosa County market.

Listing Contacts

Coconut Palm Real Estate
Listed by Coconut Palm Real Estate

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Additional Information

Name
Joanna Johannes
License
BK3273366
Brokerage
Coconut Palm Real Estate
Title
Broker of Record
Brokerage Address
1569 NANTAHALA BEACH RD GULF BREEZE, FL 32563
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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