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    4415 US Highway 331 S Defuniak Springs, FL 32435

    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $16 SF/Yr ($2,240 /Mo)

    1,680 SF Office Space for Lease in MOB

    Lot size:
    1,680 SF

    Description

    Added:
    Mar 17, 2025
    Days on Market:
    296
    This 1,680-square-foot medical office suite is available for lease in a modern, recently upgraded multi-tenant medical office building (MOB) located adjacent to North Walton County's only hospital. Situated near I-10 in the rapidly growing Defuniak Springs area (zip code 32435), this prime location offers excellent visibility and accessibility. Suite 400 features five exam rooms, one office, one restroom, and a nurses' station. The building offers shared amenities including a large common lobby, administrative support areas, private entrances, comprehensive lab services, and modern staff facilities. Ample parking with dual ingress/egress ensures convenient access for patients and staff. The lease is a NNN lease with an annual rate of $16 per square foot. The space is ideal for various healthcare specialties, and time-share options may be available. This property presents a unique opportunity to establish or expand a medical practice in a thriving community. The building itself is approximately 16,000 square feet. The address is 4415 US Highway 331 S, Defuniak Springs, FL.

    Property Features for 4415 US Highway 331 S

    General Information

    Property type
    Hospitals
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    1,680 SF
    USF (Usable sq. ft)
    1,680 SF
    Class
    C
    Elevators
    N/A
    Total Rate
    2240

    Building Details

    Year Built
    2003
    Buildings
    1
    Stories
    1

    HighLights

    • 1,680 sq ft office suite available for lease in Defuniak Springs, FL.
    • Located in a medical office building adjacent to North Walton Doctors Hospital.
    • Features five exam rooms, one office, one restroom, and a nurses' station.
    Location Intelligence

    Current Use by Public Records

    Healthmark Rural Health ... Medical Clinic

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Storage Facility Electrical Service Car Rental Plumbing Service Tattoo & Piercing Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Defuniak Springs
    State
    Florida
    Longitude
    -86.117468
    Latitude
    30.659006

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    FAQs

    What type of property is this?
    Hospital - 1,680 SF Office Space for Lease in MOB
    Where is this hospital located?
    The property is located at 4415 US Highway 331 S Defuniak Springs, FL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 1,680 sq ft office suite available for lease in Defuniak Springs, FL.; Located in a medical office building adjacent to North Walton Doctors Hospital.; Features five exam rooms, one office, one restroom, and a nurses' station.
    (850) 249-3946
    Request Owner's contact information
    4415 US Highway 331 S Defuniak Springs, FL 32435
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    Defuniak Springs, FL 32435
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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
    4415 US Highway 331 S Defuniak Springs, FL 32435
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