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    843 Eglin Pkwy NE Fort Walton Beach, FL 32547

    Source: https://www.saltercompany.com
    For Sale
    $1,299,000

    1.18-acre commercial outparcel, high traffic area.

    Property size:
    51,400 SF

    Description

    Added:
    Feb 14, 2025
    Days on Market:
    297
    This exceptional 1.18-acre commercial land parcel presents a remarkable investment opportunity in Fort Walton Beach, Florida. Located on Eglin Parkway NE, this property boasts a highly desirable location with 46,500 AADT traffic count, ensuring maximum visibility for your business venture. Situated adjacent to the TownePlace Suites by Marriott, this mixed-use (MU) zoned outparcel offers unparalleled versatility for a wide range of commercial developments. The property features approximately 78 feet of frontage along Eglin Parkway, providing excellent accessibility and prominent street presence. Its strategic location offers easy access to Eglin Air Force Base (EAFB), a major employment center with over 13,000 active-duty personnel and civilians, creating a robust consumer base. Furthermore, the property's proximity to key amenities such as Publix, Choctawhatchee High School, hospitals, and downtown Fort Walton Beach enhances its appeal and ensures a strong potential for attracting both residents and visitors. This 1.18-acre parcel in the 32547 zip code presents a unique chance to establish a thriving business in a high-growth area of Okaloosa County. The asking price is $1,299,000.

    Property Features for 843 Eglin Pkwy NE

    General Information

    Property type
    Other land
    Square Feet
    51,400 SF
    Price / Square Foot
    $25
    Elevators
    N/A
    Lot Size
    51,401 SF

    HighLights

    • 1.18 acres of commercial land for sale in Fort Walton Beach, FL, zoned Mixed Use (MU).
    • High‑traffic location on Eglin Parkway (46,500 AADT), offering excellent visibility.
    • Prime location near Eglin Air Force Base and key amenities, ensuring high demand.
    Insight Report Location Intelligence

    Current Use by Public Records

    TownePlace Suites Fort ... Hotel 843 Eglin Parkway ... Parking Lot

    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
    -87.324472
    Latitude
    30.491995

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    FAQs

    What type of property is this?
    Land - 1.18-acre commercial outparcel, high traffic area.
    Where is this land located?
    The property is located at 843 Eglin Pkwy NE Fort Walton Beach, FL.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: 1.18 acres of commercial land for sale in Fort Walton Beach, FL, zoned Mixed Use (MU).; High-traffic location on Eglin Parkway (46,500 AADT), offering excellent visibility.; Prime location near Eglin Air Force Base and key amenities, ensuring high demand.
    (850) 434-3434
    Request Owner's contact information
    843 Eglin Pkwy NE 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
    843 Eglin Pkwy NE Fort Walton Beach, FL 32547
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