811 Government Ave Valparaiso, FL 32580
- Commercial real estate
- 123,500 SF
- 13.47 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 811 Government Ave
- Lot size
- 13.47 lot acres
- Property size
- 123,500 SF
- 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. Located at 811 Government Avenue, Unit 200, this state-of-the-art facility boasts 123,500 square feet of meticulously designed office space, poised to revitalize the area and attract hundreds of new jobs. The building's strategic proximity to Eglin Air Force Base's East Gate makes it highly attractive to defense contractors seeking a modern and professional work environment. Designed with cutting-edge technology, safety, and comfort in mind, this property offers a superior workspace for businesses of all sizes. Beyond the main office building, the campus includes updated facilities for Okaloosa Gas, encompassing operations, HR, and training areas. Amenities include a ground-floor dining facility open to the public, expansive green spaces perfect for relaxation and employee well-being, and a large community room capable of accommodating up to 300 people for various events. Tenant spaces are available for pre-leasing immediately, with building completion anticipated by the fourth quarter of 2025. This is an unparalleled opportunity to secure prime commercial real estate in a rapidly growing area, offering both immediate and long-term value. The asking price is $30 million.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Valparaiso
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.5119
- Latitude
- 30.5135
