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Property profile & analytics
OFF-MARKET
Warehouses

2 Ft Walton Bch Fort Walton Beach, FL 32547

9,760 SF 0.81 ac lot Built 1983
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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