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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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 9 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

Opportunities in Nearby Cities

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

Pharmacy Building
Pharmacy Building

19390 Highway 43, Mount Vernon, AL 36560

$269,900
2,027 sqft 0.45 AC lot

Central heating and air conditioning serve a former neighborhood pharmacy at a signalized corner location.

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Corner Pharmacy Retail Building
Corner Pharmacy Retail Building

19390 Highway 43, Mount Vernon, AL 36560

Contact for pricing
2,027 sqft

Corner commercial building on Highway 43 and Mildred St, formerly operating as a pharmacy with flexible use potential.

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

2912 Dauphin Island Parkway, Mobile, AL 36605

$1,465,000
2.51 AC lot

Commercially zoned retail center with pharmacy space, small shops, and a drive-through end cap.

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Shopping Center with Anchor Space
Shopping Center with Anchor Space

2912 Dauphin Island Parkway, Mobile, AL 36605

$1,465,000
2.85 AC lot

Two-parcel retail property with multiple shop spaces, pharmacy occupancy, parking, and direct exposure along Dauphin Island Parkway.

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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

Estimated value:
$2,785,000
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

Estimated value:
$2,280,000
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

Estimated value:
$2,955,000
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

Estimated value:
$2,640,000
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

Storefront properties 14
Shopping centers 8
Auto shops 6
Automotive properties 6
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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