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    2 Racetrack Rd NE Fort Walton Beach, FL 32547

    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $10 SF/Yr ($8,540 /Mo)

    Prime Office, Showroom, & Warehouse Space

    Lot size:
    9,760 SF

    Description

    Added:
    Mar 10, 2025
    Days on Market:
    302
    This exceptional 9,760-square-foot commercial property in Fort Walton Beach, Florida, presents a unique opportunity for businesses seeking a versatile and strategically located space. Situated at 2 Racetrack Rd NE, 32547, this freestanding building offers a blend of office, showroom, and warehouse areas, ideal for a variety of service-oriented enterprises. The layout comprises 5,140 square feet of climate-controlled office and showroom space, perfectly suited for client interaction and showcasing products or services. Complementing this is a substantial 4,620-square-foot warehouse area, providing ample room for storage, inventory management, or light manufacturing. The property sits on a sizable 0.8-acre lot, providing ample parking with 30 spaces available for employees and clients. Its convenient location offers excellent visibility and accessibility, enhanced by access points from both Mooney Rd and Racetrack Rd, ensuring easy ingress and egress. The lease is a NNN (Triple Net) lease with an annual rate of $10.50 per square foot. This property's combination of functional space, prime location, and ample parking makes it an attractive option for businesses seeking to establish or expand their operations in the thriving Fort Walton Beach market.

    Property Features for 2 Racetrack Rd NE

    General Information

    Property type
    Other retail properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    9,760 SF
    USF (Usable sq. ft)
    9,760 SF
    Elevators
    N/A
    Total Rate
    8540

    Building Details

    Year Built
    1983
    Buildings
    1
    Stories
    1

    HighLights

    • 9,760 sq ft freestanding building in Fort Walton Beach, FL.
    • Features 5,140 sq ft of office/showroom space and 4,620 sq ft of warehouse.
    • .8‑acre lot with 30 parking spaces and excellent road access.
    Location Intelligence

    Current Use by Public Records

    Cardtronics ATM Atm Tom thumb Gas Station Western Union Money Transfer Service Wilson Autosports Auto Repair Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    -86.587985
    Latitude
    30.396835

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    FAQs

    What type of property is this?
    Other retail property - Prime Office, Showroom, & Warehouse Space
    Where is this other retail property located?
    The property is located at 2 Racetrack Rd NE 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: 9,760 sq ft freestanding building in Fort Walton Beach, FL.; Features 5,140 sq ft of office/showroom space and 4,620 sq ft of warehouse.; .8-acre lot with 30 parking spaces and excellent road access.
    (850) 687-4075
    Request Owner's contact information
    2 Racetrack Rd 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
    2 Racetrack Rd NE Fort Walton Beach, FL 32547
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