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    749 N Beal Pkwy Fort Walton Beach, FL 32547

    Source: https://www.saltercompany.com
    For Lease
    $10,000 /Mo ($1.20 SF/Yr)

    100,000 SF Industrial; High-Growth Area

    Lot size:
    100,000 SF

    Description

    Added:
    Mar 21, 2025
    Days on Market:
    263
    This exceptional 8.67-acre property, located at 749 N Beal Pkwy in Fort Walton Beach, FL, 32547, presents a unique investment opportunity. The site boasts nine existing buildings totaling 100,000 usable square feet, offering significant potential for redevelopment or continued industrial use. Currently, the property has served as a defense contractor facility since the 1960s, providing a solid foundation for future endeavors. The strategic location across from major retailers such as Sam's Club, Walmart, and Lowe's ensures high visibility and accessibility, making it ideal for a variety of commercial ventures. The lease is a NNN (Net, Net, Net) structure with a monthly rate of $10,000. The property's size and prime location in Okaloosa County offer substantial upside for investors seeking a high-impact commercial investment in a rapidly growing area. The existing buildings provide immediate income potential while the expansive acreage allows for significant future development possibilities. This is a rare opportunity to acquire a substantial industrial property in a thriving retail corridor. The property is zoned for commercial use. Further details are available upon request.

    Property Features for 749 N Beal Pkwy

    General Information

    Property type
    Warehouses
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    100,000 SF
    USF (Usable sq. ft)
    100,000 SF
    Elevators
    N/A
    Total Rate
    10000

    Building Details

    Buildings
    9
    Stories
    1

    HighLights

    • 100,000 sq ft industrial space available for lease.
    • Located on an 8.67‑acre parcel in Fort Walton Beach, FL.
    • Prime retail development opportunity near major retailers like Sam's Club, Walmart, and Lowe's.
    Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -86.637541
    Latitude
    30.441045

    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Warehouse - 100,000 SF Industrial; High-Growth Area
    Where is this warehouse located?
    The property is located at 749 N Beal Pkwy Fort Walton Beach, FL.
    What is the lease rate?
    The lease rate is $1.20 SF/Yr.
    What are key features of this property?
    This property features: 100,000 sq ft industrial space available for lease.; Located on an 8.67-acre parcel in Fort Walton Beach, FL.; Prime retail development opportunity near major retailers like Sam's Club, Walmart, and Lowe's.
    (850) 243-0007
    Request Owner's contact information
    749 N Beal Pkwy 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

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    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
    749 N Beal Pkwy Fort Walton Beach, FL 32547
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