2 Ft Walton Bch Fort Walton Beach, FL 32547
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.