Industrial Warehouse with Office
1456 Pine St, Niceville, FL 32578
Modern warehouse with office, fenced yard, and ample parking.
Type:Industrial
Property size:
5,584 SFLot size:
0.50 AcresPrice / SF:
$188/SF- Added:
- Feb 13, 2026
- Days on Market:
- 134
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 1456 Pine St
General Information
- Standard status
- Active
- Size
- 5,584 SF
- Lot size
- 0.50 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2021
Listing office Coldwell Banker Commercial
Listing date Feb 13, 2026
Source Crexi
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 Coldwell Banker Commercial
HighLights
- Built in 2021: Modern construction and updated systems.
- 4016 sq ft warehouse with climate control: Enjoy a large, fully air‑conditioned warehouse space.
- Large Fenced Lot: Benefit from a 1/2 acre lot with fenced back area suitable for equipment or trailers.
- Office Space: Includes 3 offices, break area, and restroom.
- Multiple Rollup Doors: Features 3 front and 1 back 14ft rollup doors for easy access.
- Storage Container: Includes a 40 x 8 storage container with electric.
Overview
This industrial property features a warehouse with integrated office space. The warehouse area measures 4016 square feet on the ground floor, complemented by 784 square feet of office space and an additional 784 square feet of storage located above the office. The entire building is air-conditioned. Constructed in 2021, the warehouse includes epoxy flooring. Power capabilities include 220V, 30-amp, and 50-amp service. Security cameras are installed both inside and outside the building. The property includes paved parking at the front and a fenced-in area at the back. There are three 14-foot rollup doors at the front of the building and one 14-foot rollup door at the rear. Situated on a 0.5-acre lot, the property provides substantial space at the back for equipment or trailer storage. A 40 x 8 storage container with electrical connections is located in the back and is included with the property. The office area comprises three offices, a break area, and a restroom.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $117.3k | $21.00 |
| − Vacancy | −$21.1k | −$3.78 |
| EGI | $96.2k | $17.22 |
| − OpEx | −$24.0k | −$4.31 |
| NOI | $72.1k | $12.92 |
5,584 SF · lease $21.00/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.03M
$901.5K – $1.20M
NOI $72,117 @ 7.0% cap · market cap 6.87%
Second Best
Warehouse
$542.2K
$474.5K – $632.6K
NOI $37,956 @ 7.0% cap · market cap 3.61%
Theoretical Best
Specialty Retail
$2.15M
$1.88M – $2.51M
NOI $150,632 @ 7.0% cap · market cap 14.35%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Mirror Image Motors
Car Dealership
Sandcastle Construction LLC
Construction Company
Similar Places Nearby
- Seminole Growers Storage — 1420 Live Oak St, Niceville, FL 32578
- Move It Storage — 4613 E Hwy 20, Niceville, FL 32578
- Avid Storage — 800 White Point Rd, Niceville, FL 32578
- Brunswick Storage LLC — 229 Antiqua Way, Niceville, FL 32578
- Avid Storage — 4613 E Hwy 20, Niceville, FL 32578
Location Insight
- Map
- Local Demand
- City
- Niceville
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.407914
- Latitude
- 30.479876
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - Modern warehouse with office, fenced yard, and ample parking.
Where is this warehouse located?
The property is located at 1456 Pine St Niceville, FL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Built in 2021: Modern construction and updated systems.; **4016 sq ft warehouse with climate control:** Enjoy a large, fully air‑conditioned warehouse space.; **Large Fenced Lot:** Benefit from a 1/2 acre lot with fenced back area suitable for equipment or trailers.
