00 Garrett Pit Road, Crestview, FL 32536

$3,300,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 2,613,600 Status: Active
Current Price: $3,300,000 List Date: 1/12/2026 Last Modified: 1/12/2026

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. Cherry Brook is a +/-60 acre single-family residential development site in Crestview. The site is proximate to schools and other commercial amenities that Crestview has to offer. With the connection of PJ Adams Parkway with Interstate 10, the Western side of Crestview has seen an increase in demand for commercial and residential real estate. The Cherry Brook subdivision is just off a main thorough far e, PJ Adams, and is supported by the growing Crestview market. With +90% of all entitlement and permitting in place, it can be ready for construction within weeks.

More Information MLS# 783576

Location

Sub Area: 1703 – Okaloosa – Crestview Community/Resort: None Waterfront: No Directions: Exit off of Interstate 10 onto Antioch rd. Heading South, Garrett Pit Rd is the first road on the Western side of the road. Area: 17 – Okaloosa Street #: 00 Street Name: Garrett Pit Street Suffix: Road State: FL Zip Code: 32536 County: Okaloosa Subdivision: Cimarron Estates Parcel ID: 36-3N-24-0000-0003-001G Legal Description: Okaloosa County Parcel IDs: 35-3N-24-0000-0007-0030, 35-3N-24-0000-0007-0040, 35-3N-24-0000-0007-0050, 35-3N-24-0000-0007-0060, 36-3N-24-0000-0003-001G

General Property Info

List Class: Lots/Land Acreage: 60 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. Cherry Brook is a +/-60 acre single-family residential development site in Crestview. The site is proximate to schools and other commercial amenities that Crestview has to offer. With the connection of PJ Adams Parkway with Interstate 10, the Western side of Crestview has seen an increase in demand for commercial and residential real estate. The Cherry Brook subdivision is just off a main thorough far e, PJ Adams, and is supported by the growing Crestview market. With +90% of all entitlement and permitting in place, it can be ready for construction within weeks.

Floors in Unit/Home

One: 1

Contract Info

List Date: 2026-01-12 List Price: $3,300,000 Current Price: $3,300,000 Sub-Type: Land

Status Change Info

Status: Active
Listing Office: NAI TALCOR
Last Updated: January – 12 – 2026
Information deemed reliable but not guaranteed.