Office Warehouse
For Sale
Contact for pricing
185 Stahlman Ave, Destin, FL 32541
Office and warehouse building with dock-high loading, approximately 12-foot clear height, and dedicated server rooms.
Property Size4,060 SF
Price / SF$246.31
Days on Market134
Property Features for 185 Stahlman Ave
General Information
Standard status
Active
Size
4,060 SF
Property subtype
OFFICE
Warehouse & Industrial
Clear Height
12 ft
Dock-High Doors
1
Heavy Power
Yes
Additional Details
Highway Access
Yes
Building Details
Year Built
1998
Construction
concrete block
Listing Agency:
Taylor Allen Properties LLC
(850) 502-9900
Listed By:
Christopher Wooten · License #3435164
(850) 502-9900
Source:
Moodyscre
Added: Mar 21
Changed: Jul 28
Last Checked: Jul 28 at 4:44AM
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 Taylor Allen Properties LLC
Investment Insights
Based on property information with market context.
This office and warehouse facility, built in 1998 with concrete block construction, provides a versatile layout for day-to-day operations. The office portion includes four private offices, an open workspace, and a breakroom, plus two specialized server rooms intended for tech-focused workflows.
Warehouse functionality includes dock-high loading and approximately 12-foot clear height for storage or light industrial use. The property also includes elevated, removable flooring designed for cable management and airflow. Electrical service is three-phase with 1,000-amp capacity, complemented by a dedicated backup generator.
Located at the west end of the Azalea and Mountain Drive commercial corridor, the building is less than a quarter-mile from Hwy 98 and near Destin’s harbor and entertainment district, supporting convenient access to surrounding amenities.
Warehouse functionality includes dock-high loading and approximately 12-foot clear height for storage or light industrial use. The property also includes elevated, removable flooring designed for cable management and airflow. Electrical service is three-phase with 1,000-amp capacity, complemented by a dedicated backup generator.
Located at the west end of the Azalea and Mountain Drive commercial corridor, the building is less than a quarter-mile from Hwy 98 and near Destin’s harbor and entertainment district, supporting convenient access to surrounding amenities.
Key Highlights
- Office/warehouse facility totaling ±4,060 SF, constructed in 1998 with concrete block exterior
- Includes four private offices, open workspace, breakroom, plus two specialized server rooms
- Dock‑high loading and approximately 12‑foot clear height for storage or light industrial use
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 | $85.3k | $21.00 |
| − Vacancy | −$17.1k | −$4.20 |
| EGI | $68.2k | $16.80 |
| − OpEx | −$17.1k | −$4.20 |
| NOI | $51.2k | $12.60 |
4,060 SF · lease $21.00/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$730.8K
$639.5K – $852.6K
NOI $51,156 @ 7.0% cap · market cap 5.12%
Second Best
Flex RnD
$541.1K
$473.4K – $631.3K
NOI $37,875 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$1.02M
$893.4K – $1.19M
NOI $71,472 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
12 ft
Clear height
1
Dock-high doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
113
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32541, FL
18,419
Population
16,390
Households
1.1
Avg Household Size
45
Median Age
48%
College-Educated
95%
High-School Grad
12.6 sq mi
ZIP Area
1,462
Density / Sq Mi
$93,004
Median Household Income
$47,991
Median Earnings
$1,976
Median Rent
$498,600
Median Home Value
Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- At Your Services — Destin, FL 32541
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse building with dock-high loading, approximately 12-foot clear height, and dedicated server rooms.
Where is this flex space located?
The property is located at 185 Stahlman Ave Destin, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Office/warehouse facility totaling ±4,060 SF, constructed in 1998 with concrete block exterior; Includes four private offices, open workspace, breakroom, plus two specialized server rooms; Dock‑high loading and approximately 12‑foot clear height for storage or light industrial use
