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    417 Racetrack Rd NW Fort Walton Beach, FL 32547

    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $10,000 /Mo ($11 SF/Yr)

    10,564 SF Office, NNN Lease, Ample Parking

    Lot size:
    10,564 SF

    Description

    Added:
    Mar 17, 2025
    Days on Market:
    297
    This exceptional 10,564-square-foot office space is available for lease at 417 Racetrack Rd NW, Fort Walton Beach, FL 32547. The property features a spacious reception area ideal for welcoming clients and guests. The layout includes numerous individual offices and several larger rooms suitable for use as conference spaces or team work areas. This versatile design offers flexibility for a variety of business needs and configurations. A significant advantage is the ample on-site parking provided, ensuring convenient parking for employees and visitors. The lease is structured as a NNN (Net, Net, Net) lease, with a monthly rate of $10,000. The property is located in Okaloosa County, Florida. The building offers a substantial amount of space, making it suitable for large companies or those experiencing significant growth. This property presents a compelling opportunity for businesses seeking a well-appointed and conveniently located office space in Fort Walton Beach. Interested parties are encouraged to schedule a viewing to assess its suitability for their operational requirements. The property's size and amenities make it an attractive option for businesses seeking to establish or expand their presence in the area.

    Property Features for 417 Racetrack Rd NW

    General Information

    Property type
    Other office properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    10,564 SF
    USF (Usable sq. ft)
    10,564 SF
    Class
    C
    Elevators
    N/A
    Total Rate
    10000

    Building Details

    Year Built/Renovated
    1979/1985
    Buildings
    1
    Stories
    1

    HighLights

    • 10,564 square feet of office space available for lease in Fort Walton Beach, FL.
    • Ample parking provided for employees and clients.
    • Features a sizable reception area and multiple offices, including potential conference rooms.
    Location Intelligence

    Current Use by Public Records

    Healing You! THERAPY Physical Therapy Clinic Angel Williamson Imaging ... Medical Diagnostic Imaging Center Emerald Coast Gastroenterology Medical Clinic Clarkson Fort Walton: ... Optometrist Lotus Learning & Arts ... Special Education School

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Walton Beach
    State
    Florida
    Longitude
    -86.633651
    Latitude
    30.448848

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    FAQs

    What type of property is this?
    Office property - 10,564 SF Office, NNN Lease, Ample Parking
    Where is this office property located?
    The property is located at 417 Racetrack Rd NW Fort Walton Beach, FL.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: 10,564 square feet of office space available for lease in Fort Walton Beach, FL.; Ample parking provided for employees and clients.; Features a sizable reception area and multiple offices, including potential conference rooms.
    (850) 243-0007
    Request Owner's contact information
    417 Racetrack Rd NW 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
    417 Racetrack Rd NW Fort Walton Beach, FL 32547
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