Santa Rosa Beach Mixed-Use
73 Veterans Road Santa Rosa Beach, FL 32459
For Sale
Contact for pricing
14,000+ SF warehouse, showroom, and office in Santa Rosa Beach.
Property Size14,119 SF
Price / SF$282.95
Days on Market76
Property Features for 73 Veterans Road
General Information
Standard status
Active
Size
14,119 SF
Property subtype
Retail, Office
Building Details
Year Built
2020
Listing Agency:
Somers & Company
(850) 654-7777
Listed By:
John Paul Somers · License #FL 3210089
Source:
Crexi
Added: May 13
Changed: Jul 10
Last Checked: Jul 26 at 10:27AM
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 For Retail
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 | $254.1k | $18.00 |
| − Vacancy | −$21.6k | −$1.53 |
| EGI | $232.5k | $16.47 |
| − OpEx | −$69.8k | −$4.94 |
| NOI | $162.8k | $11.53 |
14,119 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
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 Road 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)
