215 Truman St Fort Walton Beach, FL 32547
- Warehouses
- 14,232 SF
- 0.67 lot acres
Current Use by Public Records
- Warehouses
Property Details for 215 Truman St
- Year built
- 1985
- Lot size
- 0.67 lot acres
- Property size
- 14,232 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents two warehouse buildings totaling 14,232 square feet, situated on a 0.67-acre lot at 213 and 215 Truman Street, Fort Walton Beach, FL 32547. Conveniently located just off Racetrack Road near Eglin Parkway, these properties offer unparalleled access to military bases and the Destin area. Built in 1985, the buildings consist of a 6,500 square foot unit and a 7,732 square foot unit, each featuring multiple grade-level roll-up doors. Currently occupied by multiple tenants under month-to-month leases at below-market rates, this presents a significant opportunity for immediate income generation or owner-occupancy. The buildings share a common area, enhancing functionality and potential for synergistic use. The properties are zoned for industrial use and offer a compelling combination of location, size, and potential for increased profitability through lease renegotiation or repositioning. This is an ideal investment for those seeking a strong return on investment in a thriving market. The Okaloosa County location provides easy access to major transportation routes, further enhancing the value and appeal of this property. The asking price for this multi-tenant warehouse complex is $845,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Walton Beach
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.6068
- Latitude
- 30.4468
