Drug Store

Fort Walton Beach, FL Drug Stores for Sale

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CVS Pharmacy Drug Store
Updated: Jun 17
CVS Pharmacy Drug Store

434 Racetrack Rd NE, Fort Walton Beach, FL 32547

Contact for pricing
13,949 sqft
Single‑tenant CVS pharmacy property, built in 1998
Located at 434 Racetrack Road NE in Fort Walton Beach, FL (Okaloosa County)
CVS combines prescription services with everyday convenience retail
Positioned along Racetrack Road NE, a key local thoroughfare with strong daily traffic counts
Fort Walton Beach has major military presence from Eglin AFB and Hurlburt Field
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Fort Walton Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Shopping Center with Drive-Through
Shopping Center with Drive-Through

2912 Dauphin Island Parkway, Mobile, AL 36605

$1,465,000
2.51 AC lot

Multi-tenant center with anchor space, small shops, and an end-cap drive-through.

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Single-Tenant Walgreens Retail
Single-Tenant Walgreens Retail

6314 N 9th Ave, Pensacola, FL 32504

Contact for pricing

Single-tenant Walgreens property at the intersection of 9th Avenue, Langley Avenue, and Tippin Avenue.

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Strip Mall with Walgreens Pharmacy
Strip Mall with Walgreens Pharmacy

2912 Dauphin Island Parkway, Mobile, AL 36605

$1,465,000
2.85 AC lot

Strip mall zoning B3 with an anchor space plus small shops, including a Walgreens pharmacy.

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Pensacola Walgreens Investment Opportunity
Pensacola Walgreens Investment Opportunity

700 N Pace Blvd, Pensacola, FL 32505

Contact for pricing
14,141 sqft 1.95 AC lot

Corporate Walgreens with a solid net worth and long-term lease.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Zoned Mixed-Use Land Parcel
Zoned Mixed-Use Land Parcel

10200 BLK Hwy 97, Walnut Hill, FL 32568

$119,500
4.45 AC lot

Zoned RMU commercial land offering residential development potential with allowance for limited small retail and services.

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Commercial Land with Highway Access
Commercial Land with Highway Access

421 431 BYPASS SO, Phenix City, AL 36867

$450,000
1.20 AC lot

Two adjoining lots with public water, public sewer, and direct highway ingress and egress.

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Commercial Lot on Corner Location
Commercial Lot on Corner Location

747 Memorial Drive, Bessemer, AL 35022

$104,900
0.76 AC lot

Corner 0.76-acre commercial lot near UAB West Hospital.

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Commercial Land for Mixed-Use Outparcels
Commercial Land for Mixed-Use Outparcels

3692 Highway 5, Douglasville, GA 30135

$1,000,000
3.00 AC lot

3-acre parcel just outside Douglasville with sewer access next door and a concept plan for mixed-use outparcels.

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Off-Market Properties in Fort Walton Beach, FL

Consider similar Off-Market properties in Fort Walton Beach, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

825 Beal N Pkwy
DRUG STORE, PHARMACY

825 Beal N Pkwy, Fort Walton Beach, FL 32547-1955

$2,785,000
Estimated value
16,810 sqft 1.67 AC lot
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1081 Beal N Pkwy
DRUG STORE, PHARMACY

1081 Beal N Pkwy, Fort Walton Beach, FL 32547-1439

$2,280,000
Estimated value
13,622 sqft 4.75 AC lot
View details
414 Mary Esther Cut Off Nwc
DRUG STORE, PHARMACY

414 Mary Esther Cut Off Nwc, Fort Walton Beach, FL 32548-4060

$2,955,000
Estimated value
15,398 sqft 1.63 AC lot
View details
434 Racetrack NE Rd
DRUG STORE, PHARMACY

434 Racetrack NE Rd, Fort Walton Beach, FL 32547-3924

$2,640,000
Estimated value
16,547 sqft 1.49 AC lot
View details

Fort Walton Beach, FL Drug Stores Market Trends and Statistics

Explore 5 drug stores for sale in Fort Walton Beach, FL on our real estate platform. These investment opportunities span a total of 13,949 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 9
Storefront properties 8
Automotive properties 6
Auto shops 5
Showrooms 4

Demographics Overview

Population 59K
Population Growth (5Y) +7.7%
Median Household Income $66,255
College Educated 25.9%

Taxes & Financing

Tax Rate (average for all types) 1.28%
Property Tax per SF $17.48 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Okaloosa County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Okaloosa County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Fort Walton Beach fall within the 25,000 to 50,000 square foot range.

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