203 Cloverdale Blvd Fort Walton Beach, FL 32547
- Commercial real estate
- 4,568 SF
- 0.30 lot acres
Current Use by Public Records
- Lifestyle Counseling / Counselor
- Millennium Physician Group - Fort Walton Beach Primary-Care / Medical Clinic
- Sonya Gilmore, APRN / Nurse Practitioner
- James Wilson, MD / Internist
Property Details for 203 Cloverdale Blvd
- Year built
- 1984
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.30 lot acres
- Property size
- 4,568 SF
- Property type
- Commercial real estate
- APN
- 34-1S-24-0470-000A-0230
- APU
- 341S240470000A0230
Description
This exceptional 4,300-square-foot medical office building is situated in Fort Walton Beach, Florida, within Okaloosa County. The property, located at 203 Cloverdale Boulevard, boasts a convenient single-tenant occupancy. The two-story building features a thoughtfully designed layout, including dedicated exam rooms and a comfortable waiting area on the ground floor. Upstairs, ample office space caters to the needs of medical professionals. An elevator ensures easy accessibility throughout the building. The building's strategic location at the corner of Beal Parkway and Cloverdale Boulevard offers exceptional visibility and convenient access. Its proximity to a local hospital further enhances its appeal to medical practitioners. Adding to its prime location, the building is situated next to a Mercedes Benz dealership. The entire 4,300 square feet is currently vacant, presenting a unique opportunity for a medical practice seeking a move-in ready space. The property is in excellent condition and ready for immediate occupancy. The zip code is 32547.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $605,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $580,000
- 6.5%
- $565,000
- 7%
- $595,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $500,000
- Geo Method
- $600,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $445,000
- Retail
- $495,000
- Mixed-Use
- $545,000
- Hospitality
- $590,000
- Educational
- $545,000
- Residential Income
- $470,000
- Energy
- $465,000
- Income-Based Land
- $460,000
- Food Service
- $445,000
Location Insight
- Map
- Local Demand
- City
- Fort Walton Beach
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.6391
- Latitude
- 30.4521
- CBSA code
- 18880
- CBSA name
- CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA
