Fort Walton Beach, FL
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    Fort Walton Beach, FL Drug Stores for Sale

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    Mary Esther, FL Shalimar, FL Destin, FL
    CVS Pharmacy Drug Store
    $5,687,000
    13,949 SF
    CVS Pharmacy Drug Store

    434 Racetrack Rd NE, Fort Walton Beach, FL 32547

    Single-tenant CVS pharmacy property combining prescription services and everyday convenience retail along a high-traffic thoroughfare.
    • 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
    Updated: Jun 17
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    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.

    Freestanding Retail Building For Lease
    $1,400,000
    13,905 SF
    Freestanding Retail Building For Lease

    Freestanding retail building with ample parking and convenient accessibility.

    7401 Read Blvd, New Orleans, LA

    View details
    NNN Retail Investment Opportunity
    $5,330,000
    NNN Retail Investment Opportunity

    NNN leased CVS with over 9.7 years remaining on lease.

    3621 General De Gaulle Dr |, New Orleans, LA 70114

    View details
    Strip Center with Walgreens Pharmacy
    $1,465,000
    27,000 SF
    Strip Center with Walgreens Pharmacy

    Strip center on a red-light corner offering anchor space plus smaller retail shops alongside a Walgreens pharmacy.

    2912 Dauphin Island Parkway, Mobile, AL 36605

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    Midtown Mobile Retail/Office Opportunity
    $1,495,000
    11,000 SF
    Midtown Mobile Retail/Office Opportunity

    Former Rite Aid on high-traffic corner, suitable for retail/office.

    150 S Ann St, Mobile, AL 36604

    View details

    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.

    Walnut Hill Land Opportunity
    $123,500
    4.45 Acres
    Walnut Hill Land Opportunity

    4.45 acres suitable for residential or commercial development.

    10200 BLK Hwy 97, Walnut Hill, FL 32568

    View details
    Commercial Land in Phenix City
    $450,000
    1.20 Acres
    Commercial Land in Phenix City

    Two lots ideal for retail or office in Phenix City.

    421 431 BYPASS SO, Phenix City, AL 36867

    View details
    Picayune Land For Sale
    $249,000
    1.74 Acres
    Picayune Land For Sale

    1.74 acre commercial land in desirable Picayune location.

    NHN Wildwood Street Parcel B, Picayune, MS 39466

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    Picayune Land For Sale
    $249,000
    1.74 Acres
    Picayune Land For Sale

    1.74 acre commercial land parcel in desirable location.

    NHN Wildwood Street Parcel C, Picayune, MS 39466

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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
    16,810 SF Lot: 1.67 Acres
    Estimated value
    $2,785,000

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

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    1081 Beal N Pkwy
    DRUG STORE, PHARMACY
    13,622 SF Lot: 4.75 Acres
    Estimated value
    $2,280,000

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

    View details
    414 Mary Esther Cut Off Nwc
    DRUG STORE, PHARMACY
    15,398 SF Lot: 1.63 Acres
    Estimated value
    $2,955,000

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

    View details
    434 Racetrack NE Rd
    DRUG STORE, PHARMACY
    16,547 SF Lot: 1.49 Acres
    Estimated value
    $2,640,000

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

    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, with an estimated market value of $5,687,000.

    Sale prices for pharmacies in Fort Walton Beach, FL start at $5,687,000, averaging $5,687,000, and reaching up to $5,687,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 12
    Automotive properties 9
    Auto shops 8
    Showrooms 6
    Storefront properties 3

    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

    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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