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Retail Building with Highway Frontage
For Sale
$5,000,000

757 East Miracle Strip Parkway, Mary Esther, FL 32569

A 4,000 SF retail building on a 5.03-acre parcel with direct Highway 98 exposure and strong daily traffic flow.

Property Size219,106 SF
Lot Size5.03 Acres
Price / SF$22.82
Days on Market664

Property Features for 757 East Miracle Strip Parkway

General Information

Standard status Active
Size 219,106 SF
Lot size 5.03 Acres
Property subtype Land / Vacant Land
Zoning Business, Commercial

Site & Location

Traffic Count 27,000 vehicles/day
Highway Access Yes
Road Access Yes

Amenities

0.0
Listing Agency: Compass
Listed By: Spears Group
Source: Compass
Added: Nov 10, 2024 Changed: Sep 4 Last Checked: Aug 14 at 7:08AM

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 Compass

Investment Insights

Based on property information with market context.

This offering includes a 4,000 SF retail building positioned on a 5.03-acre parcel. The property has direct frontage along Highway 98, providing a straightforward retail setup on a larger-than-average land footprint within a commercial corridor.

The site sits along Highway 98 with an estimated AADT of 27,000 vehicles, supporting high visibility and convenient drive-by access. It is located in Mary Esther’s active commercial area along the Miracle Strip Parkway.

For tenants, the configuration can support retail users looking for prominent roadway exposure, with ample acreage available for on-site flexibility consistent with a retail operation. For buyers and investors, the combination of direct highway frontage and substantial land area offers an opportunity to acquire a sizable retail presence in a well-trafficked corridor.

Key Highlights

  • 4,000 SF retail building with direct Highway 98 frontage on a 5.03‑acre parcel
  • AADT of 27,000 vehicles along Highway 98 provides strong daily traffic flow
  • Located in one of Mary Esther’s most active commercial corridors along the Miracle Strip Parkway

Property Analytics

Current Use

Cash's Liquors - The Hangout (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Gym & Fitness Center Dental Office Storage Facility HVAC Service Carpet & Flooring 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.

Lease Details

27,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

528
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 91% Hotels & Casinos 9%
Shell Shops & Services
3,944 visits/mo 0.3 miles
Shell Gas Station Shops & Services
2,801 visits/mo 0.3 miles
Candlewood Suites Ft Walton Beach - Hurlburt Area Hotels & Casinos
683 visits/mo 0.3 miles

Demographics for 32569, FL

12,378
Population
5,795
Households
2.1
Avg Household Size
38
Median Age
40%
College-Educated
95%
High-School Grad
4.2 sq mi
ZIP Area
2,947
Density / Sq Mi
$73,762
Median Household Income
$43,832
Median Earnings
$1,456
Median Rent
$296,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - A 4,000 SF retail building on a 5.03-acre parcel with direct Highway 98 exposure and strong daily traffic flow.
Where is this retail space located?
The property is located at 757 East Miracle Strip Parkway Mary Esther, FL.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 4,000 SF retail building with direct Highway 98 frontage on a 5.03‑acre parcel; AADT of 27,000 vehicles along Highway 98 provides strong daily traffic flow; Located in one of Mary Esther’s most active commercial corridors along the Miracle Strip Parkway
More about this property
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