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    50 Hill Ave NW Fort Walton Beach, FL 32548

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $1,150,000

    8,409 SF Industrial Property - Excellent Location

    Property size:
    8,409 SF

    Description

    Added:
    Feb 12, 2025
    Days on Market:
    328
    This exceptional investment opportunity encompasses an 8,409 square foot industrial property situated in Fort Walton Beach, Florida's Commerce and Technology Park. The property consists of two freestanding buildings. Building A offers approximately 2,400 square feet of office space, while Building B provides approximately 6,009 square feet of combined warehouse and office space. A significant advantage is the inclusion of a fenced lay-down yard situated behind Building B, currently utilized by the tenant for storage and overflow customer needs. This valuable outdoor space adds considerable utility to the property. The property sits on a 0.99-acre lot. The Commerce and Technology Park boasts a prestigious tenant roster, including prominent companies such as BAE Systems, Boeing, Lockheed Martin, and many others, ensuring a strong and stable business environment. This prime location offers excellent access to transportation and infrastructure, making it an ideal investment for a variety of industrial and commercial uses. The asking price is $1,150,000. This presents a compelling opportunity to acquire a well-located, versatile industrial property in a thriving business park. Serious inquiries are encouraged.

    Property Features for 50 Hill Ave NW

    General Information

    Property type
    Warehouses
    Square Feet
    8,409 SF
    Price / Square Foot
    $136
    Elevators
    N/A
    Lot Size
    43,255 SF

    Building Details

    Year Built/Renovated
    1985/1995
    Buildings
    1
    Stories
    1

    HighLights

    • Two freestanding buildings totaling 8,409 square feet in Fort Walton Beach, FL.
    • Located in the Commerce & Technology Park, near major aerospace companies.
    • Includes a fenced lay‑down yard ideal for storage, adding to property value.
    Location Intelligence

    Current Use by Public Records

    DRS Intelligence & Avionic Optometrist Mastec North America Telecommunications Contractor Jeep Destin Car Rental Agency Lanier RV Repair Rv Repair Shop Veterans 48 Non-Profit Organization

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Walton Beach
    State
    Florida
    Longitude
    -86.66835
    Latitude
    30.417232

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    FAQs

    What type of property is this?
    Warehouse - 8,409 SF Industrial Property - Excellent Location
    Where is this warehouse located?
    The property is located at 50 Hill Ave NW Fort Walton Beach, FL.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: Two freestanding buildings totaling 8,409 square feet in Fort Walton Beach, FL.; Located in the Commerce & Technology Park, near major aerospace companies.; Includes a fenced lay-down yard ideal for storage, adding to property value.
    (850) 564-0120
    Request Owner's contact information
    50 Hill 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
    50 Hill Ave NW Fort Walton Beach, FL 32548
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