00 Airport Drive, Crestview, FL 32539

$8,000,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 11,804,760 Status: Active
Current Price: $8,000,000 List Date: 1/12/2026 Last Modified: 1/15/2026

Description

The Phillips Portfolio represents a once-in-a-generation opportunity to invest in one of America’s most dynamic growth markets. The Portfolio has been strategically assembled to include an inventory of 43 high-value assets. These assets span across Northwest Florida and include residential, commercial, and industrial assets. Structured with current income-producing, in-process development parcels and greenfield land opportunities. The Phillips Portfolio offers above-market return opportunities across the immediate, medium, and long-term investment horizons. Inquire with Listing Agents for full portfolio information. RiverPark spans 271 acres in the heart of Crestview, Florida, offering a premier opportunity for large-scale residential development. Strategically located in this rapidly expanding market, this property is ideally suited for a master-planned community featuring single-family homes. With demand for housing on the rise and strong regional infrastructure in place, RiverPark presents significant upside for builders, developers, or investors seeking to capitalize on Crestview’s expanding population and economic momentum. This is a rare chance to shape a flagship residential project in one of Northwest Florida’s most dynamic markets.

More Information MLS# 783575

Location

Sub Area: 1703 – Okaloosa – Crestview Community/Resort: None Waterfront: No Directions: From Highway 85, turn East onto Airport Rd. The subject property lies just past Bob Sikes Airport on the Northern side of the road. Area: 17 – Okaloosa Street #: 00 Street Name: Airport Street Suffix: Drive State: FL Zip Code: 32539 County: Okaloosa Subdivision: Oakland Heights Parcel ID: 35-4N-23-0000-0003-0210 Legal Description: Okaloosa Parcel IDs: 35-4N-23-0000-0003-0210, 35-4N-23-0000-0001-0000

General Property Info

List Class: Lots/Land Acreage: 271 Construction Status: To Be Built SqFt Tot Bldg: 0

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: The Phillips Portfolio represents a once-in-a-generation opportunity to invest in one of America’s most dynamic growth markets. The Portfolio has been strategically assembled to include an inventory of 43 high-value assets. These assets span across Northwest Florida and include residential, commercial, and industrial assets. Structured with current income-producing, in-process development parcels and greenfield land opportunities. The Phillips Portfolio offers above-market return opportunities across the immediate, medium, and long-term investment horizons. Inquire with Listing Agents for full portfolio information. RiverPark spans 271 acres in the heart of Crestview, Florida, offering a premier opportunity for large-scale residential development. Strategically located in this rapidly expanding market, this property is ideally suited for a master-planned community featuring single-family homes. With demand for housing on the rise and strong regional infrastructure in place, RiverPark presents significant upside for builders, developers, or investors seeking to capitalize on Crestview’s expanding population and economic momentum. This is a rare chance to shape a flagship residential project in one of Northwest Florida’s most dynamic markets.

Floors in Unit/Home

One: 1

Contract Info

List Date: 2026-01-12 List Price: $8,000,000 Current Price: $8,000,000 Sub-Type: Land

Status Change Info

Status: Active
Listing Office: NAI TALCOR
Last Updated: January – 15 – 2026
Information deemed reliable but not guaranteed.