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Flex Space with Loading Dock
For Lease
$12,000/Mo

304 NW Racetrack Road, Fort Walton Beach, FL 32547

Office and warehouse areas support a range of commercial operations, with truck access from two road frontages.

Space Size16,555 SF
Days on Market1460

Property Features for 304 NW Racetrack Road

General Information

Standard status Active
Size 16,555 SF
Net Rentable 16,555 SF

Space & Availability

Available Space 16,555 SF
Contiguous Space 16,555 SF
Space Use Flex

Warehouse & Industrial

Clear Height 24 ft
Warehouse Space 13,555 SF
Office Build-Out 3,000 SF

Additional Details

Road Access Yes

Building Details

Building Size 16,555 SF
Year Built 1975
Listing Agency: NBI Properties Inc
Listed By: Craig S Barrett · License #3294646
Source: Emeraldgulfrealty
Added: Oct 26, 2022 Changed: Oct 23 Last Checked: Oct 23 at 5:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NBI Properties Inc

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Investment Insights

Based on property information with market context.

This 16,555-square-foot flex property combines 3,000 square feet of office space with 13,555 square feet of warehouse area. A loading dock and 24-foot warehouse ceilings add functional features to the industrial portion of the building. The property was built in 1975.

Located on Racetrack Road in Fort Walton Beach, the parcel fronts two roads, providing truck access from either frontage. A large parking area serves the site.

Key Highlights

  • 16,555 square feet total, including 3,000 square feet of office and 13,555 square feet of warehouse
  • Loading dock and 24‑foot warehouse ceilings
  • Parcel fronts two roads for truck access

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Electrical Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24 ft
Clear height
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.31 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

617
Businesses Nearby
Balanced
Demand for This Use

Demographics for 32547, FL

35,466
Population
16,112
Households
2.2
Avg Household Size
37
Median Age
28%
College-Educated
89%
High-School Grad
29.0 sq mi
ZIP Area
1,223
Density / Sq Mi
$67,822
Median Household Income
$36,465
Median Earnings
$1,421
Median Rent
$299,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Fort Walton Beach, FL

$9.82 /SF/Yr
Avg Asking Price
$1.2–$24.27 /SF/Yr
Price Range
20,838 SF
Avg Space Size

This space is priced 11% below the average of $9.82 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Tony's Hibachi INC. — 400 Eglin Pkwy NE, Fort Walton Beach, FL 32547
  • THE RICAN VEGAN LLC — 400 Eglin Pkwy, Fort Walton Beach, FL 32547
  • Heystack's Shrimp Shack — 421 Racetrack Rd NE, Fort Walton Beach, FL 32547

Frequently Asked Questions

What type of property is this?
Flex space - Office and warehouse areas support a range of commercial operations, with truck access from two road frontages.
Where is this flex space located?
The property is located at 304 NW Racetrack Road Fort Walton Beach, FL.
What is the lease rate?
The lease rate is $12,000/Mo.
What are key features of this property?
This property features: 16,555 square feet total, including 3,000 square feet of office and 13,555 square feet of warehouse; Loading dock and 24‑foot warehouse ceilings; Parcel fronts two roads for truck access
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