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8.67 Acre Retail Development Site
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749 Beal, Fort Walton Beach, FL 32547

8.67 acre parcel with retail development potential.

Space Size100,000 SF
Lot Size8.67 Acres
Days on Market1346

Property Features for 749 Beal

General Information

Standard status Active
Size 100,000 SF
Lot size 8.67 Acres
Property subtype Industrial

Building Details

Building Size 100,000 SF
Tenancy Multiple

Spaces For Lease

at 749 Beal Contact us

749 N Beal Parkway #2

Size
100,000 SF
Type
Industrial
Availability
Active
Contact us
Listing Agency: NBI Properties
Listed By: Craig Barrett · License #FL 3294646
Source: Crexi
Added: Dec 5, 2022 Changed: Aug 8 Last Checked: Aug 12 at 12:53PM

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 NBI Properties

Investment Insights

Based on property information with market context.

This 8.67-acre parcel features nine buildings and has been utilized by a defense contractor since the 1960s. The site presents excellent potential for retail development, situated across from Sam's Club, Walmart, and Lowe's. The nine existing buildings on the property total 100,000 square feet.

Key Highlights

  • 8.67 Acre parcel with excellent potential for retail development.
  • Prime location across from Sam's Club, Walmart, and Lowe's.
  • Includes 9 buildings totaling 100,000 square feet.

Property Analytics

Current Use

Industrial properties

Suggested Use

Top Pick Dental Office Real Estate Agency Hair Salon Parking Lot & Garage Spa & Massage Center (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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

366
Businesses Nearby

Demographics for 32547, FL

35,466
Population
16,112
Households
2.2
Avg Household Size
37
Median Age
28%
College-Educated
89%
High-School Grad
29.0 sq mi
ZIP Area
1,223
Density / Sq Mi
$67,822
Median Household Income
$36,465
Median Earnings
$1,421
Median Rent
$299,400
Median Home Value

Market

Lease Benchmarks for Fort Walton Beach, FL

$13.81 /SF/Yr
Avg Asking Price
$10–$23.76 /SF/Yr
Price Range
32,904 SF
Avg Space Size

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - 8.67 acre parcel with retail development potential.
Where is this industrial property located?
The property is located at 749 Beal Fort Walton Beach, FL.
What are key features of this property?
This property features: 8.67 Acre parcel with excellent potential for retail development.; Prime location across from Sam's Club, Walmart, and Lowe's.; Includes 9 buildings totaling 100,000 square feet.
(850) 243-0007 Call to check price and availability
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