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    220 Eglin Parkway NE Fort Walton Beach, FL 32547 Fort Walton Beach, FL 32547

    For Lease
    $10 SF/Yr ($7,041 /Mo)

    High-traffic retail space, excellent location.

    Lot size:
    8,450 SF

    Description

    Added:
    Jan 23, 2025
    Days on Market:
    321
    This 8450 square foot commercial property at 220 Eglin Parkway NE, Fort Walton Beach, FL 32547, is ideally situated for business or office use. Boasting a prime location with a daily traffic count of 49,500 vehicles, this property offers exceptional visibility and exposure. The space is currently available for lease at a competitive rate of $10 per square foot, NNN. Ample parking is available. Its proximity to Eglin AFB and Hurlburt Field adds to its strategic appeal. An additional 16,000 square feet will become available on June 1, 2025. This property presents a compelling opportunity for businesses seeking a high-traffic location in a thriving area. The property is classified as retail residential, other retail, individual retail, mixed-use, and retail.

    Property Features for 220 Eglin Parkway NE Fort Walton Beach, FL 32547

    General Information

    Property type
    Retail residential properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,450 SF
    Elevators
    N/A
    Total Rate
    7041.67

    HighLights

    • High‑traffic location with 49,500 vehicles daily.
    • 8,450 square feet of retail space immediately available.
    • Strategically located near Eglin AFB & Hurlburt Field, offering high visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail residential properties

    Map

    City
    Fort Walton Beach
    State
    Florida

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    FAQs

    What type of property is this?
    Retail residential property - High-traffic retail space, excellent location.
    Where is this retail residential property located?
    The property is located at 220 Eglin Parkway NE Fort Walton Beach, FL 32547 Fort Walton Beach, FL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: High-traffic location with 49,500 vehicles daily.; 8,450 square feet of retail space immediately available.; Strategically located near Eglin AFB & Hurlburt Field, offering high visibility.
    (850) 249-2879
    Request Owner's contact information
    220 Eglin Parkway NE Fort Walton Beach, FL 32547 Fort Walton Beach, FL 32547
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    220 Eglin Parkway NE Fort Walton Beach, FL 32547 Fort Walton Beach, FL 32547
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