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5020 Arena Rd, Crestview, FL 32536

$10,900,000

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List Price: $10,900,000
MLS#: 991549
Status: ACTIVE
Type: Land
Subtype: Agriculture
Lot Size: 860,310
Neighborhood: Crestview Southwest

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Property Description

Prime 19.75-Acre Development Opportunity 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.

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Additional Information

Acres: 19.75
Elementary School: Northwood
High School: Crestview
Legal Description: NE1/4 EXC PART SOLD
Lot Features: Level
Middle School: Shoal River
Neighborhood: Crestview Southwest
Subdivision: Na
Utilities: Septic
Zoning: Agriculture, Horses Allowed