Current Use by Public Records
- Commercial real estate
Property Details for 811 B
- Lot size
- 13.47 lot acres
- Property type
- Commercial real estate
Description
This exceptional Class A office building, situated on a sprawling 13.47-acre campus in Valparaiso, Florida, presents a unique investment opportunity. The 123,500 square foot building is poised to revitalize the area, attracting hundreds of new jobs. Its prime location near Eglin Air Force Base's East Gate makes it highly attractive to defense contractors seeking a sophisticated and modern workspace. Designed with cutting-edge technology, safety, and comfort in mind, this building offers a superior work environment for both its primary tenant, Okaloosa Gas District, and future tenants. The Okaloosa Gas District will occupy a portion of the building, utilizing space for administrative functions, human resources, and training. Beyond the office space, the campus boasts a range of amenities, including a ground-floor dining facility open to the public, extensive green spaces perfect for relaxation and employee well-being, and a large community room with a capacity of 300 people, ideal for events and gatherings. Tenant spaces are available for pre-leasing immediately, with building completion anticipated by the fourth quarter of 2025. This property offers a blend of modern functionality, strategic location, and attractive amenities, making it an exceptional investment prospect. The asking price is $30 million.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Valparaiso
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.5119
- Latitude
- 30.5135
