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5020 Arena Rd
Crestview, FL 32536

$10,900,000 USD

Land For Sale  •  19.75 AC

Property Details

  • Property Type Land
  • Lot Size 19.75 AC
0 Transit Score
6 Walk Score

Description

Strategically positioned just off the upcoming FDOT interchange connecting I-10, Hwy 85, Antioch Rd., and PJ Adams, this high-and-dry parcel offers exceptional commercial or mixed-use potential. The corridor is now four-laned from Hwy 90 to I-10, unlocking major traffic flow and long-term growth. Currently operated as a horse facility, the land is mostly cleared, flat, and ready for redevelopment. Located near the new hospital site, this property sits in the heart of a rapidly expanding medical and commercial hub—ideal for retail, medical, hospitality, residential development, or a large-scale commercial venture. A rare chance to secure nearly 20 acres in a booming growth path.

Highlights

Location to I-10 Corridor and New Hospital Site
Existing Electricity
Land Mostly Cleared

Public Transportation

AirportDriveWalkDistance
Eglin AFB/Destin-Ft Walton Beach 50 min - 26.4 mi
Wes Madden 850-231-5042 Scenic Sotheby's International Realty
Wes Madden 850-231-5042 Scenic Sotheby's International Realty