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Dock-High Office/Warehouse Facility
For Sale
$1,000,000

A-185 Stahlman Ave, Destin, FL 32541

Office and warehouse building with dock-high loading, raised server-ready flooring, and dedicated power for tech-focused operations.

Property Size4,060 SF
Price / SF$246.31
Days on Market134

Property Features for A-185 Stahlman Ave

General Information

Standard status Active
Size 4,060 SF

Warehouse & Industrial

Clear Height 12 ft
Dock-High Doors 1
Heavy Power Yes

Additional Details

Highway Access Yes

Building Details

Year Built 1998
Listing Agency: Taylor Allen Properties LLC
Listed By: Christopher L Wooten · License #3435164
Source: Exprealty
Added: Mar 20 Changed: Jul 10 Last Checked: Jul 31 at 3:32PM

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 Taylor Allen Properties LLC

Investment Insights

Based on property information with market context.

185 Stahlman Avenue A is a 10,060 SF office and warehouse facility constructed in 1998 with durable concrete block exterior walls. The office portion includes four private offices, an open workspace, and a breakroom. Two specialized server rooms support data-focused use, and the property includes elevated, removable flooring designed for cable management and airflow.

The warehouse component provides practical logistics with a dock-high loading position and approximately 12-foot clear height, supporting storage or light industrial requirements. The building is situated at the west end of the Azalea and Mountain Drive commercial corridor, less than a quarter-mile from Hwy 98 and near Destin’s harbor and entertainment district.

With three-phase, 1,000-amp electrical capacity and a dedicated backup generator, the property is well-suited for owner-users and technology, telecom, or other data-driven operators who need reliable power and dedicated equipment space. The combination of private offices, open work areas, server rooms, and a functional dock-high warehouse layout offers a flexible configuration for businesses that operate from both administrative and operational space in one location.

Key Highlights

  • ±4,060 SF office and warehouse facility built in 1998 with concrete block construction
  • Office layout includes four private offices, open workspace, and breakroom plus two specialized server rooms
  • Raised, removable flooring in server/tech areas for cable management and airflow

Financial Insights For Flex RnD

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 $63.3k $15.60
− Vacancy −$5.1k −$1.25
EGI $58.3k $14.35
− OpEx −$20.4k −$5.02
NOI $37.9k $9.33
4,060 SF · lease $15.60/SF/yr · vacancy 8.00% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$541.1K
$473.4K – $631.3K (±1% cap)
NOI $37,875 @ 7.0% cap · market cap 3.79%
Second Best
Warehouse
$498.7K
$436.4K – $581.9K (±1% cap)
NOI $34,912 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$1.02M
$893.4K – $1.19M (±1% cap)
NOI $71,472 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Parts Store Building Supply Pharmacy Dental Office (Bike/Boat/Book/etc) Store Grocery & Convenience 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

12 ft
Clear height
1
Dock-high doors
Yes
Heavy power
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,149
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32541, FL

18,419
Population
16,390
Households
1.1
Avg Household Size
45
Median Age
48%
College-Educated
95%
High-School Grad
12.6 sq mi
ZIP Area
1,462
Density / Sq Mi
$93,004
Median Household Income
$47,991
Median Earnings
$1,976
Median Rent
$498,600
Median Home Value

Market

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
Rey
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Similar Off Market Nearby

  • At Your Services — Destin, FL 32541

Frequently Asked Questions

What type of property is this?
Flex space - Office and warehouse building with dock-high loading, raised server-ready flooring, and dedicated power for tech-focused operations.
Where is this flex space located?
The property is located at A-185 Stahlman Ave Destin, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: ±4,060 SF office and warehouse facility built in 1998 with concrete block construction; Office layout includes four private offices, open workspace, and breakroom plus two specialized server rooms; Raised, removable flooring in server/tech areas for cable management and airflow
More about this property
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