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Two-Story Class B Office Building
For Sale
$2,750,000

634 NW Anchors Street, Fort Walton Beach, FL 32548

Commercial for Sale, Fort Walton Beach, FL

Property Size24,820 SF
Lot Size1.80 Acres
Price / SF$110.80
Days on Market879

Property Features for 634 NW Anchors Street

General Information

Property type Commercial Sale
Property subtype Other
Directions Heading North on Mary Esther Cut-Off, take a left onto Anchors St. The building is located about a half mile on the left hand side.
Subdivision 12 - Fort Walton Beach
Standard status Active
APN 09-2S-24-0507-0000-0020
Lot size 1.80 Acres

Taxes and HOA fees

Tax Description CHROMALLOY PH I LOT 2
Legal Description CHROMALLOY PH I LOT 2
Listing Agency: NBI Properties Inc
Listed By: Craig S Barrett · License #3294646
Added: Apr 18, 2024 Changed: Sep 11 Last Checked: Sep 13 at 9:06AM
MLS# 947682

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 two-level Class B office property contains 24,820 square feet of workspace on a 1.8-acre site. More than 70 parking spaces are positioned behind the building, supporting daily employee and visitor access. The layout can accommodate administrative operations and call center models, with space distributed across the first and second floors.

The property is located at 634 NW Anchors Street in Fort Walton Beach, within Technology Park. It sits between Hurlburt Field’s Special Ops Command Center and Eglin Air Force Base. Boeing previously occupied the building for several years, providing an established office setting for organizations seeking a substantial commercial workspace.

Key Highlights

  • 24,820 sq/ft of Class B Office space across two floors
  • 1.8‑acre office property in Technology Park
  • 70+ parking spaces located behind the building

Property Analytics

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Current Use

MAG Aerospace Corporate Office

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Bakery Electrical Service Acupuncture (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.

Location Intelligence

Trade Area within ½ mile

816
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

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Technology Park office property with administrative space and parking behind the building.
Where is this office building located?
The property is located at 634 NW Anchors Street Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 24,820 sq/ft of Class B Office space across two floors; 1.8‑acre office property in Technology Park; 70+ parking spaces located behind the building
More about this property
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