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Flex Space with Adjacent Yard
For Lease
$2,500/Mo

421 NE Racetrack Road, Fort Walton Beach, FL 32547

The unit combines a broad front work area with private offices and rear support space, including conditioned storage.

Space SizeContact for details
Property Size2,750 SF
Days on Market1161

Property Features for 421 NE Racetrack Road

General Information

Standard status Active
Size 2,750 SF

Warehouse & Industrial

Conditioned Warehouse Yes
Warehouse Heated Yes

Additional Details

Outdoor Storage Yes

Amenities

breakroom

Building Details

Building Size 2,750 SF
Listing Agency: Realty House Commercial Prop
Listed By: Mark G Bethea · License #3001749
Source: Emeraldgulfrealty
Added: Aug 20, 2023 Changed: Oct 23 Last Checked: Oct 23 at 6:08PM

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 Realty House Commercial Prop

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Investment Insights

Based on property information with market context.

This flex space offers 2,750 square feet arranged around a large open area at the front of the unit. Two offices provide separate enclosed workspace, while the rear contains a breakroom, bathroom, and heated and cooled storage area. An adjacent yard is also available for use.

Key Highlights

  • 2,750‑square‑foot flex space
  • Large open area at the front of the unit
  • Two offices

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Heystack's Shrimp Shack Take-out & Catering Tout Sweet Bakery The Crafty Hangout (Bike/Boat/Book/etc) Store Amazon Hub Counter ... Marketing & Advertising Partners In Craft (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Daycare Center Hair Salon

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

NNN (Triple Net)
Lease Type
$1.64 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

616
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% above 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 - The unit combines a broad front work area with private offices and rear support space, including conditioned storage.
Where is this flex space located?
The property is located at 421 NE Racetrack Road Fort Walton Beach, FL.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 2,750‑square‑foot flex space; Large open area at the front of the unit; Two offices
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