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Industrial Build-to-Suit Space
For Lease
$15 SF/Yr

155 NW Blake Avenue, Fort Walton Beach, FL 32548

Commercial for Lease, Fort Walton Beach, FL

Space Size9,750 SF - 19,500 SF
Lot Size5.80 Acres
Days on Market173

Property Features for 155 NW Blake Avenue

General Information

Property type Commercial Lease
Property subtype Other
Property condition Under Construction
Zoning industrial
Directions Located off of Anchors st on Blake Ave.
Subdivision 12 - Fort Walton Beach
Standard status Active
APN 09-2S-24-0000-0093-0090
Size 9,750 SF
Lot size 5.80 Acres

Building Details

Year built 2026
Listing Agency: Taylor Allen Properties LLC
Listed By: Chad Knaepple · License #3050854
Added: Mar 27 Changed: Sep 11 Last Checked: Sep 15 at 6:06AM
MLS# 999128

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This under-construction industrial property is planned for flexible build-to-suit delivery, with approximately 9,750 to 19,500 square feet available within a 5.8-acre site. Site work is complete, and utilities are in place. Construction is scheduled for completion in 2026.

The property is located at 155 NW Blake Avenue in Fort Walton Beach, within the Fort Walton Beach Commerce & Technology Park. Hurlburt Field, Eglin AFB, and aerospace and defense contractors serving government contracts are nearby. The configuration and final scope are intended to respond to tenant requirements.

Key Highlights

  • 9750sf to 19,500sf of industrial space planned
  • 5.8‑acre site in Fort Walton Beach Commerce & Technology Park
  • Build‑to‑suit configuration based on tenant needs

Property Analytics

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Current Use

Emerald Coast Forklift Car Dealership Serclean Panhandle Hardware & Home Improvement Mid-Coast Lawn Management Landscaping Foy Holdings LLC Real Estate Agency Flip It Good ... Real Estate Agency

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency HVAC Service Building Supply Electrical Service Garden Center

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

597
Businesses Nearby

Demographics for 32548, FL

22,399
Population
14,040
Households
1.6
Avg Household Size
42
Median Age
31%
College-Educated
91%
High-School Grad
12.1 sq mi
ZIP Area
1,851
Density / Sq Mi
$63,857
Median Household Income
$37,725
Median Earnings
$1,281
Median Rent
$291,000
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

$11.61 /SF/Yr
Avg Asking Price
$1.2–$24.27 /SF/Yr
Price Range
27,497 SF
Avg Space Size

This space is priced 29% above the average of $11.61 /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
Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - Under-construction industrial space with completed site work and utilities already in place.
Where is this industrial property located?
The property is located at 155 NW Blake Avenue Fort Walton Beach, FL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 9750sf to 19,500sf of industrial space planned; 5.8‑acre site in Fort Walton Beach Commerce & Technology Park; Build‑to‑suit configuration based on tenant needs
More about this property
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