Santa Rosa Beach Mixed-Use
For Sale
$3,995,000
73 Veterans Rd, Santa Rosa Beach, FL 32459
14,000+ SF warehouse, showroom, and office in Santa Rosa Beach.
Property Size14,119 SF
Price / SF$282.95
Days on Market372
Property Features for 73 Veterans Rd
General Information
Standard status
Active
Size
14,119 SF
Property subtype
Commercial
Listing Agency:
Somers & Company
Listed By:
John Paul Somers · License #3210089
(850) 654-7777
Source:
Emeraldcoasthomefinder
Added: Oct 7, 2025
Changed: Oct 1
Last Checked: Oct 12 at 8:14PM
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 Somers & Company
Investment Insights
Based on property information with market context.
This property features over 14,000 square feet of warehouse, showroom, and office space. It is located in Santa Rosa Beach, Florida, and is zoned Village Mixed Use according to the Walton County FLUM.
Key Highlights
- Extraordinary 14,000+ square foot warehouse, showroom, and office space
- Located in the heart of Santa Rosa Beach, Florida
- Zoned Village Mixed Use (Walton County FLUM)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$162,778
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,255,560
$3.3M
Cap Rate 7%
$2,325,400
$2.3M
Cap Rate 9%
$1,808,644
$1.8M
Market Conditions
NOI Build-Up for 14,119 SF
Gross rent
$254.1K $18.00/SF
− Vacancy
−$21.6K −$1.53/SF
EGI
$232.5K $16.47/SF
− OpEx
−$69.8K −$4.94/SF
NOI
$162.8K $11.53/SF
Area
Walton County, FL
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,255,560
Cap Rate 7%
$2,325,400
Cap Rate 9%
$1,808,644
Alternative Uses
Best Use
Retail
$2.33M
$2.03M – $2.71M
NOI $162,778 @ 7.0% cap · market cap 4.07%
Second Best
Mixed Use
$1.87M
$1.64M – $2.18M
NOI $130,804 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$3.55M
$3.11M – $4.14M
NOI $248,551 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
Explore this area
Business Placement
Demographics for 32459, FL
20,567
Population
17,700
Households
1.2
Avg Household Size
43
Median Age
48%
College-Educated
96%
High-School Grad
54.5 sq mi
ZIP Area
377
Density / Sq Mi
$101,067
Median Household Income
$53,393
Median Earnings
$2,165
Median Rent
$613,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 14,000+ SF warehouse, showroom, and office in Santa Rosa Beach.
Where is this mixed-use property located?
The property is located at 73 Veterans Rd Santa Rosa Beach, FL.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Extraordinary 14,000+ square foot warehouse, showroom, and office space; Located in the heart of Santa Rosa Beach, Florida; Zoned Village Mixed Use (Walton County FLUM)
