Technical
Financial
Distress signals
Property profile

2 Ft Walton Bch Fort Walton Beach, FL 32547

OFF-MARKET
Warehouses
9,760 SF 0.81 ac lot Built 1983
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 9,760-square-foot freestanding commercial property in Fort Walton Beach, Florida, offers a unique blend of office, showroom, and warehouse space, ideal for a variety of businesses. Located at 2 Racetrack Rd NE, Fort Walton Beach FL 32547, this single-tenant building sits on a 0.81-acre lot and boasts convenient access from both Mooney Rd and Racetrack Rd, ensuring high visibility and accessibility. The building, a Class B property constructed in 1983 and extensively renovated in 2020, features a spacious layout with 5,140 square feet dedicated to office and showroom space, complemented by 4,620 square feet of warehouse area. The high 20-foot ceilings in the warehouse provide ample storage and operational flexibility. Ample parking is available with 30 spaces provided for employees and clients. The property is zoned Commercial C-3, offering versatility for various commercial uses. This two-story building presents a fantastic opportunity for businesses seeking a well-maintained, strategically located space in Okaloosa County. The entire 9,760 square feet is currently vacant and ready for immediate occupancy. This prime location offers excellent visibility and accessibility, making it an attractive option for service-related businesses or those requiring a combination of office, showroom, and warehouse functionality.

Property profile

Verified
Property type Warehouses
Year built 1983
Total area 9,760 SF
Lot 0.81 ac (35,284 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2 Ft Walton Bch Fort Walton Beach, FL 32547
Fort Walton Beach metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2 Ft Walton Bch?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message