Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6925 Us-98 Santa Rosa Beach, FL 32459

    • Land
    • 3.20 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Rodgers-Kiefer Title / Insurance Agency

    Property Details for 6925 Us-98

    Lot size
    3.20 lot acres
    Property type
    Land

    Description

    This exceptional 3.2-acre commercial land parcel presents a unique investment opportunity in the highly sought-after Dune Lakes/Santa Rosa Beach area of Florida. Located on US Highway 98, this property boasts unparalleled visibility and accessibility, situated just east of Dune Lakes Elementary School and directly adjacent to the newly constructed "Enclave at Dune Lakes" office building. The land is currently undergoing subdivision from a larger parcel, with approved wetlands mitigation already in place. The final acreage, post-subdivision and mitigation, is estimated at 3.2 acres, providing ample space for a variety of commercial developments. The property's Commercial zoning allows for diverse uses, catering to a wide range of business ventures. Its prime location, coupled with the existing infrastructure and nearby amenities, makes this a truly exceptional opportunity for developers and investors seeking a high-impact commercial investment in a thriving Florida coastal community. The asking price for this exceptional parcel is $2,560,000. The property's address is 6925 US-98, Santa Rosa Beach, FL 32459, within Walton County. This is a rare chance to acquire a significant commercial land holding in a rapidly growing area with strong potential for future appreciation.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Santa Rosa Beach
    County
    Walton
    State
    Florida
    Longitude
    -86.071
    Latitude
    30.3423

    Comparable in this City

    • Value Estimation by Request

      5 County Highway 30A

      Land
      5 County Highway 30A, Santa Rosa Beach, FL 32459
      View Details
    • Value Estimation by Request
      65.00 Acres

      4401 Us-98

      Land • 65.00 Acres
      4401 Us-98, Santa Rosa Beach, FL 32459
      View Details
    • Value Estimation by Request
      1.09 Acres

      Us Highway 98

      Land • 1.09 Acres
      0 Us Highway 98, Santa Rosa Beach, FL 32459
      View Details
    • Value Estimation by Request

      98 Hwy

      Land
      98 Hwy, Santa Rosa Beach, FL 32459
      View Details
    • Value Estimation by Request
      13.02 Acres

      1939 Mack Bayou Rd

      Land • 13.02 Acres
      1939 Mack Bayou Rd, Santa Rosa Beach, FL 32459
      View Details
    • Value Estimation by Request
      1.50 Acres

      Santa Rosa Beach, FL 32459

      Land • 1.50 Acres
      Santa Rosa Beach, FL 32459
      View Details

    Similar Nearby for Sale

    • $1,899,000
      20.00 Acres

      Prime 20-Acre Santa Rosa Beach Land

      Rare residential development opportunity in booming South Walton.
      0 Tbd Santa Rosa Bch, Santa Rosa Beach, FL 32459
      View Details
    • $1,495,000
      9.75 Acres

      Santa Rosa Beach Land - $1.5M

      9.75 acres, Hwy 393 frontage, development potential.
      0 County Highway 393, Santa Rosa Beach, FL 32459
      View Details
    • $1,995,000
      4.27 Acres

      Prime Bayfront Land, Santa Rosa Beach

      4.27 Acres, Residential Zoning, Waterfront Views
      0 Bay Magnolia Ln, Santa Rosa Beach, FL 32459
      View Details
    • $69,900

      Land For Sale

      Land available for purchase in Santa Rosa Beach, Florida.
      8 5 St, Santa Rosa Beach, FL 32459
      View Details
    • $3,295,000

      15 Acres Land Parcel

      Two parcels totaling 15 acres for sale.
      000 S Eden Park Dr, Santa Rosa Beach, FL 32459
      View Details
    • $180,000
      0.26 Acres

      Santa Rosa Beach Land Opportunity

      High and dry land near Destin and 30A beaches.
      Xx Turquoise Bch Dr, Santa Rosa Beach, FL 32459
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr

      Prime Corner Land Lease Opportunity

      Land lease opportunity in Santa Rosa Beach, Florida.
      2556 Us Highway 98 W, Santa Rosa Beach, FL 32459
      View Details
    • $1.00 SF/Yr
      172,933 SF

      Prime Santa Rosa Beach Commercial Space

      172,933 SF Warehouse/Office Pre-Leasing
      0 N County 393 Highway, Santa Rosa Beach, FL 32459
      View Details
    • $30 SF/Yr
      1,350 SF

      Office Space in Shopping Center

      Office space with 9 offices in central 30A location.
      49 Watercolor Way, Santa Rosa Beach, FL 32459
      View Details
    • $8,000 /Mo
      Pending

      Prime Retail Space on 30A

      Commercial space for lease in Grayton Beach, Florida.
      131 Defuniak St, Santa Rosa Beach, FL 32459
      View Details
    • $35 SF/Yr

      Retail Space on US Highway

      Retail suites available in Santa Rosa Beach shopping center.
      4552 Suites 4-6, Santa Rosa Beach, FL 32459
      View Details
    • $35 SF/Yr
      11,200 SF

      Highway 98 Shopping Center Suites

      Suites available in neighborhood shopping center near 30A beaches.
      4552 U.S Hwy 98, Santa Rosa Beach, FL 32459
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6925 Us-98
    Santa Rosa Beach, FL 32459
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.