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    350 Beal Pkwy NW Fort Walton Beach, FL 32548

    For Sale
    $4,950,000

    High-visibility 4.40-acre parcel with existing 16,133 SF building.

    Property size:
    16,133 SF
    Lot size:
    4.28 Acres

    Property Features for 350 Beal Pkwy NW

    General Information

    Size
    16,133 SF
    Lot size
    4.28 Acres

    Source: Somers & Company Agent John Paul Somers

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Dealership Site on Beal Parkway

    This property is a ±4.40-acre parcel currently operating as a Mitsubishi auto dealership. The site offers high visibility with approximately 308 feet of frontage on Beal Parkway in Fort Walton Beach, Florida. It is adjacent to the new PenFed Credit Union bank and office building. The existing building has a size of approximately 16,133 square feet. Showings are by appointment only and must be scheduled through the listing broker.
    Insight Report Location Intelligence

    Current Use by Public Records

    Ft. Walton Mitsubishi Used Car Dealer

    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.

    Similar Places Nearby

    Kingdom Power Auto and Marine, Emerald Coast Surface Repair, Webster's Window Tinting aka The Tint Shop, Nocturne Wraps, All Pro Dent & Collision Repair

    Location Insight

    • Map
    • Local Demand
    City
    Fort Walton Beach
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.6365193
    Latitude
    30.4265473

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    FAQs

    What type of property is this?
    Auto shop - High-visibility 4.40-acre parcel with existing 16,133 SF building.
    Where is this auto shop located?
    The property is located at 350 Beal Pkwy NW Fort Walton Beach, FL.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: - Prime ±4.40-acre parcel; - High visibility, landmark site; - Boasts ±308' frontage on Beal Parkway
    (850) 654-7777
    Request Owner's contact information
    350 Beal Pkwy NW Fort Walton Beach, FL 32548
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    Fort Walton Beach, FL 32548
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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
    350 Beal Pkwy NW Fort Walton Beach, FL 32548
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