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    20 Ready Ave NW Fort Walton Beach, FL 32548

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $1,950,000

    Prime 35,594 SF warehouse, ideal investment.

    Property size:
    35,594 SF

    Description

    Added:
    Feb 11, 2025
    Days on Market:
    330
    This exceptional investment opportunity presents a substantial 35,594-square-foot industrial property situated on approximately 2.93 acres of land in Fort Walton Beach, Florida. Located at 20 Ready Ave NW, this building enjoys excellent accessibility, positioned at the roundabout intersection of Hill Ave NW (21,500 AADT) and Hollywood Blvd NW (18,500 AADT), ensuring high visibility and convenient access for both employees and customers. Constructed in 1990, the building currently serves as a Kitchen & Bath Center Manufacturing and Distribution Warehouse. The property offers significant potential for a variety of uses, given its size and strategic location. With a total building size of 35,594 square feet, this property presents a rare opportunity to acquire a substantial industrial space in a thriving market. The expansive lot size provides ample room for expansion or future development. This is a turnkey opportunity for investors seeking a strong foothold in the Florida commercial real estate market. The property is priced at $1,950,000. Serious inquiries only. Further details are available upon request.

    Property Features for 20 Ready Ave NW

    General Information

    Property type
    Other investment properties
    Square Feet
    35,594 SF
    Price / Square Foot
    $54
    Elevators
    N/A
    Net Rentable
    35,594 SF
    Lot Size
    127,840 SF

    Building Details

    Year Built
    1997
    Buildings
    1
    Stories
    1

    HighLights

    • Large 35,594 sq ft warehouse on nearly 3 acres in Fort Walton Beach, FL.
    • Excellent location with high traffic counts on Ready Ave, Hill Ave NW, and Hollywood Blvd NW.
    • Built in 1990, currently used as a Kitchen & Bath Center manufacturing and distribution warehouse.
    Location Intelligence

    Current Use by Public Records

    Kitchen & Bath Center Kitchen Remodeler

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Walton Beach
    State
    Florida
    Longitude
    -86.567442
    Latitude
    30.728203

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    FAQs

    What type of property is this?
    Investment property - Prime 35,594 SF warehouse, ideal investment.
    Where is this investment property located?
    The property is located at 20 Ready Ave NW Fort Walton Beach, FL.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Large 35,594 sq ft warehouse on nearly 3 acres in Fort Walton Beach, FL.; Excellent location with high traffic counts on Ready Ave, Hill Ave NW, and Hollywood Blvd NW.; Built in 1990, currently used as a Kitchen & Bath Center manufacturing and distribution warehouse.
    (850) 564-0120
    Request Owner's contact information
    20 Ready Ave NW Fort Walton Beach, FL 32548
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    Fort Walton Beach, FL 32548
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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
    20 Ready Ave NW Fort Walton Beach, FL 32548
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